05.02.2020 22:21:59
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Lincoln National Corp. Q4 adjusted earnings Inline With Estimates
(RTTNews) - Lincoln National Corp. (LNC) announced earnings for its fourth quarter that climbed from last year.
The company's profit came in at $430 million, or $2.15 per share. This compares with $387 million, or $1.80 per share, in last year's fourth quarter.
Excluding items, Lincoln National Corp. reported adjusted earnings of $482 million or $2.41 per share for the period.
Analysts had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 4.2% to $4.34 billion from $4.53 billion last year.
Lincoln National Corp. earnings at a glance:
-Earnings (Q4): $482 Mln. vs. $475 Mln. last year. -EPS (Q4): $2.41 vs. $2.15 last year. -Analysts Estimate: $2.41 -Revenue (Q4): $4.34 Bln vs. $4.53 Bln last year.
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