Boston, MA 09/27/2013 (wallstreetpr) – Lincoln National Corporation (NYSE:LNC) announced that it will report its Q3 earnings results post market close on 30 October 2013. A conference call has been scheduled for 31 October 2013, to discuss Q3 earnings and related-matters about the company and its different business segments.
Thursday’s trading
In Thursday’s trading, Lincoln National Corporation (NYSE:LNC) stock rose by 0.52%. The opening price of the shares was $42.54 which climbed to an intraday high of $42.81 and dropped to a close of $42.60. Approximately 1.57 million shares were traded on Thursday and an average volume of 2.42 million shares was traded over a 30 day period. The 52- week low of the shares was $22.51 and the 52-week high was $45.46. The company has a market capitalization of 11.27 billion.
About the company
Lincoln National Corporation (NYSE:LNC) is essentially a holding company. It operates various retirement and insurance businesses via its subsidiary companies. Via its business segments, it sells a variety of wealth-protection, retirement and accumulation income solutions and products. There are products such as indexed annuities, variable and fixed annuities, universal life insurance, variable universal life-insurance, linked-benefit UL, term-life insurance, indexed universal-life insurance, employer-sponsored retirement services and plans and group-life, dental and disability.
Its business segments
It operates in 4 different segments: Retirement Plan Services Annuities, Group Protection and Life Insurance. As of 31 December 2012, Lincoln Financial Distributors had around 540 external and internal wholesalers. This number included sales managers.
The products
Lincoln National Corporation (NYSE:LNC) offers various employer-sponsored group term life-insurance products such as basic, voluntary and optional term-life insurance to employees as well as their dependents. Apart from this, benefits might be provided in the case a covered individual’s accidental-death or dismemberment. It offers employer-sponsored universal life-insurance for employees as well as their covered dependents.
Lincoln National Corporation (NYSE:LNC) also offers employer sponsored group critical-illness insurance to the employees as well as their covered dependents.
