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Lincoln Financial's Shares Fall After Q1 Earnings, Revenue Lag Analysts' Expectations
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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

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