Lincoln Financial Group Reports Q4 EPS of $.60 vs. $.89

Lincoln Financial Group LNC today reported net income of $196 million, or $0.60 of net income per diluted share, for the fourth quarter of 2010. By comparison, net income for the fourth quarter of 2009 was $102 million, or $0.27 per diluted share available to common stockholders. For the full year of 2010, net income was $980 million, or $2.54 per diluted share available to common stockholders, versus a net loss of $485 million, or a loss of $1.85 per share available to common stockholders, in 2009.