Benzinga | Aug 5, 2020 04:29PM EDT

Lincoln National Q2 Adj. EPS $0.97 Misses $1.39 Estimate, Sales $4.21B Miss $4.43B Estimate

Lincoln National (NYSE:LNC) reported quarterly earnings of $0.97 per share which missed the analyst consensus estimate of $1.39 by 30.22 percent. This is a 58.9 percent decrease over earnings of $2.36 per share from the same period last year. The company reported quarterly sales of $4.21 billion which missed the analyst consensus estimate of $4.43 billion by 4.99 percent. This is a 5.84 percent decrease over sales of $4.47 billion the same period last year.