Lincoln National (LNC) Misses Q3 EPS, Revenue Beats
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Lincoln Financial Group Reports Third Quarter 2022 Results and Declares Quarterly Cash Dividend
November 2, 2022 4:15 PM EDTNet loss per share of $(15.17) Net loss per share included a $(634) million goodwill impairment charge, or $(3.73) per share Adjusted operating loss per share of $(10.23) Adjusted operating results included net unfavorable notable items of $(2.0) billion, or $(11.62) per share Adjusted operating loss per share also included $(0.83) from elevated pandemic-related claims experience and below-targeted alternative investment returns Estimated fourth quarter statutory capital impact of $550 million, equating to a 22-point decline in the risk-based capital ratio BVPS, including AOCI, of $13.10; BVPS, excluding AOCI, of... More
