Lincoln National (LNC) Surpasses Q3 Earnings Estimates

Core Insights - Lincoln National (LNC) reported quarterly earnings of $2.04 per share, exceeding the Zacks Consensus Estimate of $1.84 per share, but slightly down from $2.06 per share a year ago, resulting in an earnings surprise of +10.87% [1] - The company posted revenues of $4.78 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 0.45%, compared to $4.6 billion in the same quarter last year [2] - Lincoln National shares have increased by approximately 26.2% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.90 on revenues of $4.86 billion, and for the current fiscal year, it is $7.72 on revenues of $19.07 billion [7] - The estimate revisions trend for Lincoln National was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Insurance - Life Insurance industry, to which Lincoln National belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Primerica (PRI), is expected to report quarterly earnings of $5.51 per share, reflecting a year-over-year decline of 3%, with revenues projected at $825.51 million, up 7.2% from the previous year [9][10]