Lincoln Financial Reports Q1 Revenue of $5.31B
Reports Q1 revenue $5.31B, consensus $4.92B. "Our first quarter results reflect continued disciplined execution and consistent, meaningful progress against our strategic priorities," said Ellen Cooper, Chairman, President and CEO of Lincoln Financial. "Group Protection delivered record first quarter earnings, while Life Insurance and Retirement Plan Services generated strong earnings growth. In Annuities, we achieved another quarter of diversification in new business with a more balanced mix and less market sensitivity. The cumulative impact of the actions we've taken - strengthening our capital foundation, optimizing our operating model, and diversifying our business mix - are translating into a more resilient, higher-quality earnings profile. We remain focused on advancing these priorities to further build on this trajectory and create sustainable, long-term value for shareholders."
