S&P 500 (NYSE:SPY) component Lincoln National Corp (NYSE:LNC) will unveil its latest earnings on Tuesday, August 2, 2011. Lincoln National Corp. offers a range of wealth protection, accumulation and retirement income products and solutions through its multiple insurance and investment management businesses.
Lincoln National Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 94 cents per share, a rise of 9.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting net income of $3.97 per share, a rise of 26.8% from last year.
Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the first quarter, the company reported profit of $1.08 per share versus a mean estimate of net income of 92 cents per share. In the fourth quarter of the last fiscal year, the company missed estimates by 6 cents.
Wall St. Revenue Expectations: On average, analysts predict $2.76 billion in revenue this quarter, a rise of 5.3% from the year ago quarter. Analysts are forecasting total revenue of $11.08 billion for the year, a rise of 6.4% from last year’s revenue of $10.41 billion.
Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, none rating it as a sell and eight rating it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.
Revenue has risen the past four quarters. Revenue increased 7.4% to $2.71 billion in first quarter. The figure rose 11% in the fourth quarter of the last fiscal year from the year earlier, climbed 25.6% in the third quarter of the last fiscal year from the year-ago quarter and 33.5% in the second quarter of the last fiscal year.
Competitors to Watch: National Western Life Insurance Co. (NASDAQ:NWLI), MetLife, Inc. (NYSE:MET), AEGON N.V. (NYSE:AEG), CNO Financial Group, Inc. (NYSE:CNO), Kansas City Life Insurance Co (NASDAQ:KCLI), Torchmark Corporation (NYSE:TMK), Presidential Life Corp (NASDAQ:PLFE), StanCorp Financial Group, Inc. (NYSE:SFG), Prudential Financial, Inc. (NYSE:PRU), and Independence Holding Co. (NYSE:IHC).
Stock Price Performance: During May 2, 2011 to July 27, 2011, the stock price had fallen $4.89 (-15.6%) from $31.38 to $26.49. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six-straight days, rising 8.9% (+$2.39) over that span. It saw one of its worst periods between October 21, 2010 and November 1, 2010 when shares fell for eight-straight days, falling 7.1% (-$1.85) over that span. Shares are down $1.18 (-4.3%) year to date.
(Source: Xignite Financials)