Lincoln National Corporation's (LNC) stock soared 5.09% in Thursday's trading session, following the release of the company's Q4 2024 earnings results that surpassed analyst expectations.
For the quarter ended December 31, 2024, Lincoln National reported adjusted earnings of $1.91 per diluted share, significantly higher than the consensus estimate of $1.75. The company's revenue of $5.06 billion also beat analysts' projections of $4.68 billion.
Investors reacted positively to the strong financial performance, driving Lincoln National's stock price higher. The company cited continued momentum in building a solid capital foundation as a key factor contributing to its impressive results.
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