LOEWS CORPORATION REPORTS NET INCOME OF $457 MILLION FOR THE FIRST QUARTER OF 2024
Loews Corporation (L)
Last loews corporation earnings: 2/10 06:00 am
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US:NYSE Investor Relations:
ir.loews.com
Company Research
Source: PR Newswire
NEW YORK, May 6, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its first quarter 2024 financial results.First Quarter 2024 highlights: Loews Corporation reported net income of $457 million, or $2.05 per share, in the first quarter of 2024, which represents a 22% increase over $375 million, or $1.61 per share, in the first quarter of 2023. The following are the highlights:CNA Financial Corporation's (NYSE: CNA) net income attributable to Loews improved year-over-year due to higher net investment income and favorable net prior year loss reserve development, partially offset by higher net catastrophe losses.Boardwalk Pipelines' results improved year-over-year due to higher revenues from re-contracting at higher rates and recently completed growth projects.Parent company investment returns improved year-over-year driven by higher returns on equity securities.Book value per share, excluding AOCI, increased to $83.68 as of March 31, 2024, from $81.92 as of December 31, 202
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News
- LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCKPR Newswire
- Loews reports higher profit on strong returns on investment income [Yahoo! Finance]Yahoo! Finance
- Loews reports higher profit on strong returns on investment income [Reuters]Reuters
- Mindful Consumption Gets A Bespoke Feel With New Loews ‘Free Spirited' Program [Forbes]Forbes
- Loews Corporation to Release First Quarter 2024 Results on May 6, 2024PR Newswire
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Sec Filings
- 5/16/24 - Form 4
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- L's page on the SEC website