Lincoln National Corp expected to post earnings of $1.35 a share - Earnings Preview

Lincoln National

06/02/2024 12:02

* Lincoln National Corp  LNC.N   LNC  is expected to show a
fall
in quarterly revenue when it reports  results on February 8 for
the period ending December 31 2023
    * The Radnor Pennsylvania-based  company is expected to
report a
5.6% decrease in revenue to $4.416 billion from $4.68 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total
Operating Revenue)
    * ​LSEG's mean analyst estimate for Lincoln National Corp is
for
earnings of $1.35 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lincoln
National
Corp is $28.00​, above​ its last closing price of $26.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.77        1.77       0.23      Missed  -87
 Jun. 30 2023  1.85        1.85       2.02      Beat    9.3
 Mar. 31 2023  1.53        1.63       1.52      Missed  -6.9​
 Dec. 31 2022  1.79        1.80       0.97      Missed  -46
 ​​Sep.        1.76        1.79       1.39      Missed  -22.3
 30 2022                                                
 Jun. 30 2022  2.18        2.21       2.23      Beat    0.9​
 Mar. 31 2022  1.82        1.82       1.66      Missed  -8.6
 Dec. 31 2021  1.90        1.90       1.56      Missed  -17.8
 This summary was machine generated February 6 at 12:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)