06.02.2019 22:20:05
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Lincoln National Corp. Q4 adjusted earnings Beat Estimates
(RTTNews) - Lincoln National Corp. (LNC) revealed earnings for fourth quarter that decreased from last year.
The company's profit totaled $387 million, or $1.80 per share. This compares with $818 million, or $3.67 per share, in last year's fourth quarter.
Excluding items, Lincoln National Corp. reported adjusted earnings of $475 million or $2.15 per share for the period.
Analysts had expected the company to earn $2.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 23.4% to $4.53 billion from $3.67 billion last year.
Lincoln National Corp. earnings at a glance:
-Earnings (Q4): $475 Mln. vs. $440 Mln. last year. -EPS (Q4): $2.15 vs. $1.98 last year. -Analysts Estimate: $2.13 -Revenue (Q4): $4.53 Bln vs. $3.67 Bln last year.
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