Lincoln National Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 700 million compared to USD 3,841 million a year ago. Net loss was USD 1,235 million compared to net income of USD 812 million a year ago. Basic loss per share from continuing operations was USD 7.35 compared to basic earnings per share from continuing operations of USD 4.8 a year ago. Diluted loss per share from continuing operations was USD 7.35 compared to diluted earnings per share from continuing operations of USD 4.73 a year ago.
For the full year, revenue was USD 11,645 million compared to USD 18,810 million a year ago. Net loss was USD 752 million compared to net income of USD 1,358 million a year ago. Basic loss per share from continuing operations was USD 4.92 compared to basic earnings per share from continuing operations of USD 7.93 a year ago. Diluted loss per share from continuing operations was USD 4.92 compared to diluted earnings per share from continuing operations of USD 7.78 a year ago.