03.08.2016 22:35:10
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Lincoln National Corp. Q2 Income Rises 1%
(RTTNews) - Lincoln National Corp. (LNC) released a profit for its second quarter that rose from last year.
The company said its bottom line came in at $373 million, or $1.56 per share. This was up from $371 million, or $1.46 per share, in last year's second quarter.
Analysts had expected the company to earn $1.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.6% to $3.40 billion. This was down from $3.42 billion last year.
Lincoln National Corp. earnings at a glance:
-Earnings (Q2): $373 Mln. vs. $371 Mln. last year. -Earnings Growth (Y-o-Y): 0.5% -EPS (Q2): $1.56 vs. $1.46 last year. -EPS Growth (Y-o-Y): 6.8% -Analysts Estimate: $1.57 -Revenue (Q2): $3.40 Bln vs. $3.42 Bln last year. -Revenue Change (Y-o-Y): -0.6%
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