|Bid||38.43 x 900|
|Ask||39.10 x 1100|
|Day's Range||38.71 - 39.77|
|52 Week Range||16.11 - 62.95|
|Beta (5Y Monthly)||2.22|
|PE Ratio (TTM)||35.42|
|Earnings Date||Oct 28, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||1.60 (4.17%)|
|Ex-Dividend Date||Jul 09, 2020|
|1y Target Est||44.00|
Lincoln National's (LNC) Q2 results reflect a higher claims experience from COVID-19 and the negative returns within the company's alternative investment portfolio.
Lincoln National (LNC) delivered earnings and revenue surprises of -36.18% and -5.57%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Lincoln Financial Group (NYSE: LNC) today reported net loss for the second quarter of 2020 of $(94) million, or $(0.49) per diluted share available to common stockholders, compared to net income in the second quarter of 2019 of $363 million, or $1.79 per diluted share available to common stockholders. Second quarter adjusted income from operations was $187 million, or $0.97 per diluted share available to common stockholders, compared to adjusted income from operations of $478 million, or $2.36 per diluted share available to common stockholders, in the second quarter of 2019.1