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Lincoln National (LNC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
LincolnLincoln(US:LNC) ZACKSยท2024-10-24 15:06

Core Viewpoint - The market anticipates Lincoln National (LNC) to report a year-over-year increase in earnings despite a decline in revenues, with the actual results being crucial for stock price movement [1] Earnings Expectations - Lincoln National is expected to post quarterly earnings of $1.64 per share, reflecting a significant year-over-year increase of +613% [2] - Revenues are projected to be $4.62 billion, which is a decrease of 1.1% compared to the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised 0.65% higher in the last 30 days, indicating a positive reassessment by analysts [3] Earnings Surprise Prediction - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Lincoln National is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.16% [4][6] - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] Historical Performance - In the last reported quarter, Lincoln National exceeded the expected earnings of $1.78 per share by delivering $1.84, resulting in a surprise of +3.37% [7] - Over the past four quarters, the company has beaten consensus EPS estimates three times [7] Conclusion - Lincoln National is positioned as a compelling candidate for an earnings beat, although other factors should also be considered before making investment decisions [8]