Lincoln National (LNC) Misses Q4 EPS by 56c

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Lincoln Financial Group Reports Fourth Quarter and Full Year 2021 Results

February 2, 2022 4:15 PM EST

Net income EPS of $1.20 and adjusted operating EPS of $1.56 Adjusted operating EPS included $(1.08) from elevated pandemic-related claims experience and $0.16 of above targeted alternative investment income BVPS, including AOCI, of $114.41, down 3%; BVPS, excluding AOCI, of $78.05, up 9% $650 million in shares repurchased, including $500 million using the proceeds from the block reinsurance transaction executed in the third quarter of 2021

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE: LNC) today reported net income for the fourth quarter of 2021 of $220 million, or $1.20 per diluted... More