Lincoln National: Q4 Earnings Snapshot

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RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Lincoln National Corp. (LNC) on Thursday reported fourth-quarter earnings of $1.69 billion.

The Radnor, Pennsylvania-based company said it had net income of $9.63 per share. Earnings, adjusted for non-recurring gains, were $1.91 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.

The insurance and retirement business posted revenue of $5.06 billion in the period. Its adjusted revenue was $4.63 billion, falling short of Street forecasts. Five analysts surveyed by Zacks expected $4.68 billion.

For the year, the company reported profit of $3.28 billion, or $18.41 per share. Revenue was reported as $18.34 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNC at https://www.zacks.com/ap/LNC