Lincoln National (LNC - Free Report) reported $4.68 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 2%. EPS of $0.97 for the same period compares to $1.56 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.52 billion, representing a surprise of +3.35%. The company delivered an EPS surprise of -48.68%, with the consensus EPS estimate being $1.89.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Lincoln National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Investment Income: $1.40 billion versus $1.33 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.9% change.
- Insurance Premiums: $1.56 billion versus the four-analyst average estimate of $1.48 billion. The reported number represents a year-over-year change of +10.1%.
- Fee Income: $1.45 billion versus the three-analyst average estimate of $1.52 billion. The reported number represents a year-over-year change of -10.8%.
- Income From Continuing Operations- After-Tax-Insurance Solutions-Group Protection: $47 million versus $44 million estimated by five analysts on average.
- Income From Continuing Operations- After-Tax-Insurance Solutions-Life Insurance: $46 million versus $69.78 million estimated by five analysts on average.
- Income From Continuing Operations- After-Tax-Retirement Plan Services: $49 million versus $54.59 million estimated by five analysts on average.
- Income From Continuing Operations - After-Tax -Annuities: $238 million versus the five-analyst average estimate of $276.75 million.
- Income From Continuing Operations- After-Tax -Other Operations: -$210 million versus -$93.60 million estimated by five analysts on average.
View all Key Company Metrics for Lincoln National here>>>
Shares of Lincoln National have returned +12.6% over the past month versus the Zacks S&P 500 composite's +7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Lincoln National (LNC - Free Report) reported $4.68 billion in revenue for the quarter ended December 2022, representing a year-over-year decline of 2%. EPS of $0.97 for the same period compares to $1.56 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.52 billion, representing a surprise of +3.35%. The company delivered an EPS surprise of -48.68%, with the consensus EPS estimate being $1.89.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Lincoln National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Lincoln National here>>>
Shares of Lincoln National have returned +12.6% over the past month versus the Zacks S&P 500 composite's +7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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