financetom
Business
financetom
/
Business
/
Lincoln Financial's Shares Fall After Q1 Earnings, Revenue Lag Analysts' Expectations
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lincoln Financial's Shares Fall After Q1 Earnings, Revenue Lag Analysts' Expectations
May 2, 2024 8:30 AM

11:04 AM EDT, 05/02/2024 (MT Newswires) -- Lincoln Financial Group (LNC) fell more than 5% in recent Thursday trading after reporting Q1 adjusted income from operations of $0.41 per diluted share, down from $1.52 a year earlier.

Analysts polled by Capital IQ expected $1.11.

Revenue for the quarter ended March 31 was $4.12 billion, up from $3.81 billion a year earlier.

Analysts polled by Capital IQ expected $4.58 billion.

Price: 26.11, Change: -1.58, Percent Change: -5.71

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Graphic Packaging Q2 beat estimates on better-than-expected volumes
Graphic Packaging Q2 beat estimates on better-than-expected volumes
Jul 29, 2025
Overview * Graphic Packaging Q2 2025 sales beat analyst expectations, per LSEG data * Adjusted EPS for Q2 beats consensus, reflecting better-than-expected volumes * Co repurchased $111 mln in shares, reducing outstanding shares by 1.6% Outlook * Graphic Packaging ( GPK ) expects 2025 net sales of $8.4 bln to $8.6 bln * Company anticipates adjusted EBITDA of $1.45 bln...
Coastal Financial Q2 Earnings, Revenue Decrease
Coastal Financial Q2 Earnings, Revenue Decrease
Jul 29, 2025
06:43 AM EDT, 07/29/2025 (MT Newswires) -- Coastal Financial (CCB) reported Q2 earnings Tuesday of $0.71 per share, down from $0.84 per share a year earlier. Analysts polled by FactSet expected $0.84 per share. Revenue, calculated as the sum of net interest income and total non-interest income for the three months ended June 30, was $119.4 million, down from $135.3...
Equipment rental firm Herc Holdings Q2 revenue up 18%, beats estimates
Equipment rental firm Herc Holdings Q2 revenue up 18%, beats estimates
Jul 29, 2025
Overview * Herc Holdings ( HRI ) Q2 revenue rises 18%, beating analyst expectations, per LSEG data * Adjusted EPS for Q2 beats consensus * Co reports $35 mln net loss due to acquisition costs and asset sale losses Outlook * Herc Holdings ( HRI ) projects 2025 equipment rental revenue of $3.7 bln to $3.9 bln * Company expects...
Copyright 2023-2026 - www.financetom.com All Rights Reserved