Lincoln National's (LNC) Shares Up 1.5% Since Q1 Earnings Beat
LNCLincoln(LNC) Zacks Investment Research·2024-05-07 00:21

Shares of Lincoln National Corporation (LNC) rose 1.5% since it reported first-quarter 2024 results on May 2, 2024. The quarterly earnings benefited on the back of solid contributions from the Group Protection business, positive flows in the Retirement Plan Services unit and lower expenses. However, the upside was partly offset by declining fee income and net investment income. Poor performance in the Life Insurance business continues to harm LNC’s results. LNC reported first-quarter 2024 adjusted earnings ...