Seeking Alpha·2d ago
Lincoln National Corporation (LNC) Q3 2026 Earnings Call TranscriptLincoln National Corporation (LNC) Q3 2026 Earnings Call Transcript
Lincoln National's Q2 2026 earnings beat (EPS $6.72, +76.4% YoY) suggests a potential inflection, but the quality of earnings is questionable given a zero loss ratio and negative operating cash flow (-$558M).
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $1.72-12.2% vs $1.96 | $5.5B+10.3% vs $5.0B |
Q3 2026 Jul 30, 2026 | $2.24+14.3% vs $1.96 | $4.9B+0.8% vs $4.9B |
Q2 2026 May 7, 2026 | $1.66+5.1% vs $1.58 | $5.3B+7.5% vs $4.9B |
Q1 2026 Feb 12, 2026 | $2.21+18.8% vs $1.86 | $4.9B+1.1% vs $4.8B |
Lincoln National Corporation (LNC) Q3 2026 Earnings Call Transcript
Although the revenue and EPS for Lincoln National (LNC) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lincoln National (LNC) came out with quarterly earnings of $1.72 per share, missing the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $2.04 per share a year ago.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today reported financial results for the third quarter ended September 30, 2026. Solid quarter reflected resilient, diversified earnings mix and enhanced capital flexibility. Third quarter net income available to common stockholders was $1.3 billion, or $6.77 per diluted share, including a net unfavorable impact of $0.47 per diluted share related to the annual assumption review. Third quarter adjusted operating income available to comm.
Benchmark LNC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Lincoln National Corporation (LNC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $40.05 | $7.66B | 6.86 | 1.24% | 6.46% | 12.28% | 4.36% | |
| $119.24 | $41.38B | 11.67 | -13.74% | 6.17% | 11.21% | 4.62% | |
| $98.27 | $63.23B | 20.47 | 10.22% | 4.61% | 12.75% | 2.31% | |
| $76.75 | $12.15B | 17.93 | 2.07% | 1.96% | 2.23% | 2.31% | |
| $110.91 | $23.96B | 21.13 | -3.11% | 11.82% | 15.77% | 2.73% | |
| $157.18 | $12.2B | 11.18 | 3.82% | 18.88% | 19.46% | 0.68% |
Lincoln National Corporation (LNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Lincoln National Corporation (LNC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jun 29, 2026·SEC
Jun 1, 2026·SEC
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Lincoln National Corporation (LNC) stock FAQ — growth, dividends, profitability & financials explained
Lincoln National Corporation (LNC) grew revenue by 1.2% in fiscal year 2025, compared with the prior fiscal year.
Yes. Lincoln National Corporation (LNC) earned $2.36B in net income over the trailing twelve months (a 12.2% net margin).
Yes. Lincoln National Corporation (LNC) pays a dividend that yields 4.36% at the current price, a high yield.
Lincoln National Corporation (LNC) had a return on equity (ROE) of 12.3% in fiscal year 2025. That is in line with the market's typical 10-15%.
Lincoln National Corporation (LNC) has a combined ratio of 92.7%. A ratio below 100% indicates underwriting profitability.
