Lincoln National (LNC) delivered earnings and revenue surprises of 5.16% and -1.62%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Lincoln Financial Group is taking steps to support customers experiencing financial challenges as a result of the COVID-19 crisis.
Those holding Lincoln National (NYSE:LNC) shares must be pleased that the share price has rebounded 31% in the last...
Lincoln National stock has had a difficult year. But the stock jumped after the company reported earning Wednesday evening. The message: Don’t forget about the beaten-up insurance sector.
At a time when investors value protection most, Lincoln Financial Group (NYSE: LNC) expands its flagship, industry-recognized solution, Lincoln Level Advantage® indexed variable annuity, with two new options that offer investors more ways to help grow their savings with a level of protection during market downturns and uncertainty.
As part of its commitment to enhancing the customer experience, Lincoln Financial Group (NYSE: LNC) announced today a new partnership with industry-leading benefits technology firm PlanSource. Tied to Lincoln Financial’s Group Benefits business and its multi-year technology investment strategy, the partnership will help deliver a consumer-friendly employee benefits purchasing experience for individuals, while supporting key broker partners and helping reduce the administrative burden on employer customers.
Lincoln National (LNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lincoln National's (LNC) first-quarter 2020 results reflect higher revenues owing to strong performance at Annuities, Retirement Plan Services and Life Insurance segments.
Lincoln Financial Group (NYSE: LNC) today reported net income for the first quarter of 2020 of $52 million, or $0.15 per diluted share available to common stockholders, compared to net income in the first quarter of 2019 of $252 million, or $1.22 per diluted share available to common stockholders. First quarter adjusted income from operations was $465 million, or $2.24 per diluted share available to common stockholders, compared to adjusted income from operations of $441 million, or $2.14 per diluted share available to common stockholders, in the first quarter of 2019.
EventShares Chief Investment Officer Ben Phillips joins Yahoo Finance’s Seana Smith to discuss the additional 3.169 million Americans that filed for unemployment last week amid the coronavirus.
Lincoln Financial Group (NYSE:LNC) announced today that, due to the public health impact of COVID-19, and to support the health and well-being of its employees, shareholders, and other meeting participants, the Board of Directors of Lincoln National Corporation will hold the company’s 2020 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for Thursday, June 11, 2020 at 9:00 a.m. EDT, in a virtual meeting format only, via live audio webcast.
Wells Fargo (NYSE:WFC) analyst Elyse Greenspan maintained a Hold rating on Lincoln National Corp (NYSE:LNC) on Wednesday, setting a price target of $33, which is approximately 0.89% above the present share price of $32.71.
Q1 2020 Lincoln National Corp Earnings Call
Lincoln National (LNC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Life Insurers' Outlook Bleak Amid Coronavirus-Led Economic Blip
Hyatt Hotels jumps on financial results Continue reading...
Older Americans have proven particularly vulnerable to COVID-19. As of April 11, seniors comprised nearly 78% of U.S. coronavirus victims, according to the Centers for Disease Control and Prevention. Their high risk hasn't slipped by actuaries.In response to the pandemic, life insurance companies are cutting policy access to older applicants to preempt payouts and mitigate losses.Prudential Financial Inc (NYSE: PRU) and Protective Insurance Corp (NASDAQ: PTVCA)(NASDAQ: PTVCB) have temporarily suspended policy applications for people over 80, according to Reuters. Lincoln National Corporation (NYSE: LNC) will delay policy approval for individuals around that age. Other companies established similar cutoffs at 60 or 70, the newswire said. Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.The modifications typically apply in cases requiring full underwriting, which includes a meticulous review of health records.With the enrollment changes, life insurers will lose out on premium revenue. Americans in their 70s comprise between 2% and 3.5% of sales, according to Reuters, but their premiums can be 11.5 times higher than those of younger policyholders with similar characteristics.Such losses are worth the reduced risk to long-term financial health, according to some companies. In fact, some of their reinsurers are advising cautious approaches.See more from Benzinga * Gilead Analysts Tackle Early Results From Remdesivir Study In COVID-19, Morgan Stanley Says Stock Move Looks Overdone * Activist Investors Go Dormant As COVID-19 Depresses Economy * Keystone XL Pipeline Hits Another Snag As Judge Cancels Critical Permit(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
New mental health resources from Lincoln Financial Group help employers support workforce during COVID-19 challenges.
Good morning, and thank you for joining Lincoln Financial Group's first-quarter 2020 earnings conference call. Any comments made during the call regarding future expectations, trends and market conditions, including comments about sales, deposits, expenses, income from operations, share repurchases and liquidity and capital resources are forward-looking statements under the Private Securities Litigation Reform Act of 1995.
Lincoln National's (LNC) numerous initiatives will help it fight the coronavirus-induced business weakness in a better fashion.