Lincoln National Corp. Earnings Retreat 11% In Q1

(RTTNews) - Lincoln National Corp. (LNC) announced a profit for first quarter that declined compared to the same period last year.

The company said its profit came in at $314 million, or $1.25 per share. This was lower than $352 million, or $1.35 per share, in last year's first quarter.

Analysts had expected the company to earn $1.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.8% to $3.24 billion. This was down from $3.30 billion last year.

Lincoln National Corp. earnings at a glance:

-Earnings (Q1): $314 Mln. vs. $352 Mln. last year. -Earnings Decline (Y-o-Y): -10.8% -EPS (Q1): $1.25 vs. $1.35 last year. -EPS Decline (Y-o-Y): -7.4% -Analysts Estimate: $1.49 -Revenue (Q1): $3.24 Bln vs. $3.30 Bln last year. -Revenue Change (Y-o-Y): -1.8%