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Lincoln National Corporation  (LNC)
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    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 


The company announced a single digit Top-line rise, in the financial second quarter of 2022

Lincoln National Corporation delivered second quarter of 2022 operating profit of $1508 millions

Published 2022-08-06T13:45:36-04:00
Goran Soko / CSIMarket.com Contributer

Chute_libre_en_Normandie_By_Dregcla_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsLincoln National Corporation delivered mixed earnings in the financial second quarter of 2022, where Revenue inched up by 5.215 % to $5.10 billions relative to $4.85 billions on a year-over-year basis, while net profit per share plummeted by -59.88 % to $1.34 per share, from $3.34 in the prior year financial reporting period.

Revenues advanced by 8.897 % from $4.69 billions in prior period, Income per Share improved significantly by 131.03 % from $0.58 per share.

Meanwhile, Lincoln National Corporation progressed in several decisive endeavors and the company remains optimistic.
Earnings of $238.000 millions in the financial time-frame ending June 30 2022 fell by -62.93 % from $642.000 millions in the corresponding period a year before. Lincoln National Corporation shifted it's focus on improving sales in the financial time-frame ending June 30 2022, as a result net margin eased to 4.66%.
Operating earnings, fell -30.95% to $1508 millions, squeezing Lincoln National Corporation's operating margin to %.

Lincoln National Corporation is expected to report next financial recent numbers on November 03, 2022.


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Other LNC's Earnings Reports

Lincoln National reported fourth quarter 2021 earnings

Lincoln National reported third quarter 2021 earnings

Lincoln National reported second quarter 2021 earnings

       
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