Loews Corp. (L) Misses Q2 EPS by 7c
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Loews Corporation Reports Net Income Of $231 Million For The Second Quarter Of 2017
July 31, 2017 6:00 AM EDTNEW YORK, July 31, 2017 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income of $231 million, or $0.69 per share, for the three months ended June 30, 2017, compared to a net loss of $65 million, or $0.19 per share, in the prior year period. Net income for the six months ended June 30, 2017 was $526 million, or $1.56 per share, compared to $37 million, or $0.11 per share, in the prior year period. The results for the three and six months ended June 30, 2017 and 2016 include asset impairment charges at Diamond Offshore Drilling, Inc. of $23 million and $267 million (both after tax and... More
