![]() ![]() You can see the complete list of today’s Zacks #1 Rank stocks here. Zacks Rank: Lincoln National currently has a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. However, that is not the case here, as elaborated below.Įarnings ESP: Lincoln National has an Earnings ESP of -1.87%. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Our proven model does not conclusively predict an earnings beat for Lincoln National this season. Our estimate for the metric stands at $1,245.3 million.Įxpense savings resulting from the Spark Initiative are likely to have aided Lincoln National’s margins in the to-be-reported quarter. The Zacks Consensus Estimate for the Group Protection segment’s third-quarter revenues stands at $1,289 million, suggesting 3.7% growth from the year-ago quarter’s reported number. The Group Protection segment remains the only segment that, riding on consistent pricing actions, improved underwriting results and cost savings from the Spark Initiative, is likely to have provided an impetus to LNC’s quarterly results. The Zacks Consensus Estimate for the segment’s revenues indicates a 26.2% fall from the prior-year quarters’ reported figure, while our estimate for the metric implies a 28.1% decline from the year-ago quarter’s reported figure. Though the Life Insurance segment is likely to have witnessed strong term sales in the third quarter, a decline in alternative investment income might have affected its revenues. Our estimate for the metrics suggests a fall of 10.3% and 9.7%, respectively, from the comparable year-ago period’s actuals. ![]() The consensus mark for revenues of both segments stands at $1,126 million and $302 million, respectively, indicating a decrease of 11.1% and 7.9% each from their corresponding year-ago quarter’s reported numbers. While lower average account values are likely to have weighed on the Annuities segment, reduced variable investment income is likely to have acted as a common factor for dampening results of both Annuities and Retirement Plan Services segments. Reduced segmental contributions from Annuities, Retirement Plan Services and Life Insurance units might have dampened revenue growth of Lincoln National in the third quarter. Our estimate for the metric stands at $1,377.8 million. The Zacks Consensus Estimate for third-quarter insurance premiums is pegged at $1,440 million, implying a 3.3% rise from the prior-year quarter’s reported figure. This upside is expected to have been led by new sales growth, strong persistency rates and rate increases. The consensus mark for net investment income stands at $1,294 million (suggesting a 17.9% fall from the year-ago quarter’s reported number), while our estimate for the metric stands at $1,292.9 million.ĭespite the above-mentioned headwinds, LNC’s revenues are likely to have benefited from improved insurance premiums. The Zacks Consensus Estimate for third-quarter fee income is pegged at $1,619 million, implying a decline of 18.9% from the prior-year quarter’s reported number. A weaker equity market is expected to have hurt net investment income (another revenue component) in the to-be-reported quarter. In the third quarter, Lincoln National’s revenues are likely to have been affected by lower fee income and net investment income. Lincoln National Corporation price-eps-surprise | Lincoln National Corporation Quote Factors to Note Lincoln National Corporation Price and EPS Surprise ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |