LNC Q2 Earnings Beat Estimates on Rising Insurance Premiums

Key Takeaways LNC posted Q2 EPS of $2.36, topping estimates by 23.6% and rising 28.3% year over year.Quarterly revenues rose 4.4% to $4.7B, driven by premiums, deposits and Group Protection strength.Total expenses fell 21.2%, while net investment income grew 10.1% to $1.5B, beating estimates.Lincoln National Corporation (LNC) reported second-quarter adjusted earnings per share of $2.36, which surpassed the Zacks Consensus Estimate by 23.6%. The bottom line climbed 28.3% year over year.Adjusted operating rev ...