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RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Lincoln National Corp. (LNC) on Thursday reported second-quarter earnings of $895 million.
The Radnor, Pennsylvania-based company said it had net income of $5.11 per share. Earnings, adjusted for non-recurring gains, were $1.84 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The insurance and retirement business posted revenue of $5.15 billion in the period. Its adjusted revenue was $4.53 billion, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $4.65 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNC at https://www.zacks.com/ap/LNC