RADNOR, Pa. (AP) _ Lincoln National Corp. (LNC) on Wednesday reported first-quarter profit of $104 million.

The Radnor, Pennsylvania-based company said it had profit of 58 cents per share. Earnings, adjusted for non-recurring costs, were $1.66 per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.

The insurance and retirement business posted revenue of $4.69 billion in the period. Its adjusted revenue was $4.72 billion, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $4.77 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNC at https://www.zacks.com/ap/LNC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News