Lincoln National (LNC) Misses Q2 EPS by 42c

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Go back to Lincoln National (LNC) Misses Q2 EPS by 42c

Lincoln Financial Group Reports Second Quarter 2020 Results

August 5, 2020 4:15 PM EDT

Net loss EPS of $(0.49) and adjusted operating EPS of $0.97

Results included elevated claims experience from COVID-19 estimated to be $(0.65) to $(0.75) and below targeted alternative investment income of $(0.62)

General and administrative expenses improved 7%

Holding company available liquidity of $774 million

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE: LNC) today reported net loss for the second quarter of 2020 of $(94) million, or $(0.49) per diluted share available to common stockholders, compared to net income in the second quarter of 2019 of $363... More