Investing.com - Lincoln National reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Lincoln National announced earnings per share of $1.82 on revenue of $4.53B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $4.77B.
Lincoln National shares are up 31% from the beginning of the year and are trading at $66.28 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.96% from the start of the year.
Lincoln National follows other major Financial sector earnings this month
Lincoln National's report follows an earnings beat by Berkshire Hathaway on Saturday, who reported EPS of $4571.96 on revenue of $67.48B, compared to forecasts EPS of $3818.2 on revenue of $63.41B.
JPMorgan had beat expectations on April 14 with first quarter EPS of $4.5 on revenue of $33.12B, compared to forecast for EPS of $3.1 on revenue of $30.49B.
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