×
0 0 0 0 0 0 0 0
Stock impact report

Loews Corporation Reports Net Income of $636 Million for 2018

Loews Corp (L)  More Company Research Source: PR Newswire
Last loews corp earnings: 8/5 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.loews.com
PDF NEW YORK, Feb. 11, 2019 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income for the year ended December 31, 2018 of $636 million, or $1.99 per share, compared to $1.16 billion, or $3.45 per share, in the prior year. For the three months ended December 31, 2018, Loews reported a loss of $165 million, or $0.53 per share, compared to net income of $481 million, or $1.43 per share, in the prior year period. The loss during the three months ended December 31, 2018 was driven by catastrophe losses at CNA Financial Corporation, investment results at both CNA and the parent company, and operating results at Diamond Offshore Drilling Inc. The $200 million net benefit from the Tax Cuts and Jobs Act of 2017 (the "Tax Act"), included in the results for the three months ended December 31, 2017, contributed to the quarterly and annual year-over-year declines.Book value per share increased to $59.34 at December 31, 2018 from $57.83 at December 31, 2017. Book value per share excludi [Read more]
Impact snapshot Event time: L
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last price
VWAP
High:
Max up
High:
Low:
Max down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Opt-in for
L alerts
from News Quantified
Opt-in for
L alerts

from News Quantified
Opt-in for
L alerts

from News Quantified