Lincoln National (NYSE: LNC) reported Q1 EPS of $2.14, $0.10 better than the analyst estimate of $2.04. Revenue for the quarter came in at $3.97 billion versus the consensus estimate of $4.25 billion.

• Net income EPS of $1.22, down 26%, and adjusted operating EPS of $2.14, up 9%
• Book value per share (BVPS), including AOCI, of $80.88, up 11%; BVPS, excluding AOCI, of $68.79, up 9%
• Operating revenues increased in all four business segments
• $316 million of capital returned to shareholders through buybacks and dividends

“We started the year with robust sales growth in every business segment and a 9% increase in adjusted operating EPS,” said Dennis R. Glass, president and CEO of Lincoln Financial Group. “Looking forward, I am confident our strategy and execution of key initiatives will enable us to sustain strong financial results as we build on sales momentum, maximize expense efficiency, and prudently manage capital.”

For earnings history and earnings-related data on Lincoln National (LNC) click here.