Investing.com - Lincoln National (NYSE:LNC) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lincoln National announced earnings per share of $1.62 on revenue of $5.24B. Analysts polled by Investing.com anticipated EPS of $2.57 on revenue of $4.81B.
Lincoln National shares are up 51% from the beginning of the year, still down 1.75% from its 52 week high of $77.54 set on November 3. They are outperforming the S&P 500 which is up 24.08% from the start of the year.
Lincoln National shares lost 0.07% in after-hours trade following the report.
Lincoln National follows other major Financial sector earnings this month
Lincoln National's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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