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LINCOLN ALERT: Bragar Eagel & Squire, P.C. is Investigating Lincoln National Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
LNCLincoln(LNC) GlobeNewswire News Room·2024-06-26 01:00

On November 2, 2022, after the market closed, Lincoln National released its third quarter 2022 financial results, reporting a net loss of 2.6billionforthequarter.Thiswascomparedtoanetincomeof2.6 billion for the quarter. This was compared to a net income of 318 million for the third quarter of 2021 the previous year. The Company explained "[t]he current quarter's adjusted operating results included net unfavorable notable items of 2.0billion,or2.0 billion, or 11.62 per share, related to the company's annual review of DAC and reserve assumptions." The Company also discl ...