Lincoln National (LNC) Posts Q3 EPS of $2.01

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Go back to Lincoln National (LNC) Posts Q3 EPS of $2.01

Lincoln Financial Group Reports Third Quarter 2020 Results and Announces Increase to Dividend

November 4, 2020 4:15 PM EST

Net income EPS of $2.01 and adjusted operating EPS of $(0.72)

Adjusted operating EPS included $(3.07) from notable items, elevated claims experience from COVID-19, and above targeted alternative investment income

BVPS, including AOCI, of $111.51, up 11%; BVPS, excluding AOCI, of $71.10, up 3%

Resuming buybacks in fourth quarter and increased quarterly common stock dividend to $0.42, up 5%

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE: LNC) today reported net income for the third quarter of 2020 of $398 million, or $2.01 per diluted share... More