Lincoln National (LNC) Misses Q2 EPS by 8c

Lincoln National (NYSE: LNC) reported Q2 EPS of $2.02, $0.08 worse than the analyst estimate of $2.10. Revenue for the quarter came in at $4.02 billion versus the consensus estimate of $4.04 billion.

• Net income EPS of $1.70, down 6% and net income ROE, including AOCI, of 9.9%
• Adjusted operating EPS of $2.02, up 9% and adjusted operating ROE, excluding AOCI, of 13.1%
• Book value per share (BVPS), including AOCI, of $69.85, down 3%; BVPS, excluding AOCI, of $64.32, up 8%
• Resumed share buybacks; $100 million of share repurchases in the second quarter

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

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