Tuesday, February 10, 2009
Lincoln National reports quarterly net loss of $506 million
Lincoln National Corporation (LNC 17.77, +1.25, +7.6%) reported a fourth-quarter net loss of $506 million, or $1.98 a share, late Monday. That compares to net income of $113 million, or 41 cents a share, a year earlier. On an operating basis, which excludes net realized investment gains and losses, Lincoln said it lost $122 million, or 48 cents a share, in the latest quarter. Lincoln National was expected to make a profit of 21 cents a share, according to the average estimate of 14 analysts in a FactSet Research survey...
MarketWatch: Lincoln National reports quarterly net loss of $506 million
MarketWatch: Lincoln National reports quarterly net loss of $506 million
Permalink posted by markw @ 4:44 AM 
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