LNC Stock Down Despite Q1 Earnings Beat on Long-Term Disability Results

Shares of Lincoln National Corporation (LNC) dipped 1.9% since it reported first-quarter 2025 results on May 8. The quarterly results were hurt by a significant rise in total expenses. Nevertheless, the downside was partly offset by higher insurance premiums, strong annuity deposits and solid Group Protection performance. Higher net investment income and improved mortality results also contributed to the upside.LNC reported adjusted earnings per share of $1.60, which surpassed the Zacks Consensus Estimate b ...