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RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Lincoln National Corp. (LNC) on Tuesday reported a loss of $881 million in its first quarter.
On a per-share basis, the Radnor, Pennsylvania-based company said it had a loss of $5.37. Earnings, adjusted for non-recurring costs, were $1.52 per share.
The insurance and retirement business posted revenue of $3.81 billion in the period. Its adjusted revenue was $4.66 billion, beating Street forecasts. Four analysts surveyed by Zacks expected $4.63 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a LNC">Zacks stock report on LNC at https://www.zacks.com/ap/LNC