Lincoln National (LNC) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $1.72
- Estimate
- $1.95
- Surprise
- -12.0%
- Revenue (period 2026-09-30)
- $5.48B
- Score today
- 6.3/10
Revenue source: xbrl.
How the report landed
Lincoln National (LNC) missed the $1.95 estimate with adjusted EPS of $1.72 — a large 12.0% shortfall.
Coverage in the report window
- Lincoln National Q3 Adj. EPS $1.72 Misses $1.96 Estimate, Sales $5.481B Beat $4.955B Estimate — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates LNC Hold at 6.3/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's -12.0% surprise compares with a +5.8% four-quarter average.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Cyclical risk: PE expanding 1.9x (earnings normalizing)
- Thin upside margin: 3.6%
- 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
- $40.15
- Price target
- $41.61
- Stop
- $37.47
- Upside to target
- +3.6%
- Reward-to-risk
- 0.6:1
Forward estimates sit below the trailing run-rate (4.5× forward vs 2.4× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — 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
- $7.50B
- P/E (fwd)
- 4.5
- P/E (ttm)
- 2.4
- 52-week range
- $32.18–$47.67
- Off 52-week high
- 15.8%
- RSI (14)
- 54
- Volume vs avg
- 0.37×
- Score today
- 6.3/10