Loews Corp. (L) Posts Q4 GAAP Loss of 8c/Share

February 11, 2013 6:03 AM EST
Loews Corp. (NYSE: L) reported Q4 GAAP loss of 8 cents per share, which may not compare to the analyst estimate of $0.30. Revenue for the quarter came in at $3.71 billion versus the consensus estimate of $3.55 billion.

Excluding catastrophe losses of $171 million (after tax and noncontrolling interests) at CNA and the after tax ceiling test impairment charge of $97 million at HighMount, net income (non-GAAP), as adjusted, in the 2012 fourth quarter was $236 million.

For earnings history and earnings-related data on Loews Corp. (L) click here.


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