Lincoln National (LNC) Reports In-Line Q4 EPS, Revenues Miss
Get Alerts LNC Hot Sheet
Revenue Growth %: +20.2%
Financial Fact:
Income (loss) from continuing operations before taxes: 612M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Lincoln National (NYSE: LNC) reported Q4 EPS of $2.41, in-line with the analyst estimate of $2.41. Revenue for the quarter came in at $4.34 billion versus the consensus estimate of $4.49 billion.
- Fourth quarter net income EPS of $2.15, up 19% and adjusted operating EPS of $2.41, up 12%
- Net income ROE, including AOCI, of 8.7% and adjusted operating ROE, excluding AOCI, of 13.9%
- BVPS, including AOCI, of $100.11, up 44%; BVPS, excluding AOCI, of $71.27, up 5%
- $938 million of capital returned to shareholders in 2019
“Fourth quarter results once again demonstrated our long-term track record of strong financial performance as adjusted operating EPS grew 12% and our ROE was nearly 14%,” said Dennis R. Glass, president and CEO of Lincoln Financial Group. “Throughout the course of the year we grew sales, diversified our mix of business, appropriately adjusted our assumptions, and continued to execute on our expense initiatives, all of which positions us to continue to drive long-term shareholder value.”
For earnings history and earnings-related data on Lincoln National (LNC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Safe & Green (SGBX) Provides Update on Audit and Planned 10-K Filing
- lululemon athletica (LULU) to close one of smaller distribution centers located in Sumner, WA at the end of 2024 - Reuters
- Progress Software Corporation (PRGS) Issues Statement on a Possible Offer for MariaDB
Create E-mail Alert Related Categories
Corporate News, Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!