Lincoln National (LNC) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $2.24
- Estimate
- $1.96
- Surprise
- +14.5%
- Revenue (period 2026-06-30)
- $4.54B
- Score at report (before → after)
- 6.1 → 6.1/10
Revenue source: xbrl.
How the report landed
Lincoln National (LNC) beat the $1.96 estimate with diluted EPS of $2.24 — a large 14.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LNC Hold at 6.6/10.
4 of the last 4 quarters beat the estimate; this quarter's +14.5% surprise compares with a +11.1% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (4.2% away)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $45.66
- Price target
- $52.51
- Stop
- $43.02
- Upside to target
- +15.0%
Forward estimates sit below the trailing run-rate (5.1× forward vs 3.6× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-09-03 — shown for context, not personalized investment advice.
LNC at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Insurance - Life
- Market cap
- $8.45B
- P/E (fwd)
- 5.1
- P/E (ttm)
- 3.6
- 52-week range
- $32.18–$47.67
- Off 52-week high
- 4.2%
- RSI (14)
- 51
- Volume vs avg
- 1.05×
- Score today
- 6.6/10