Loews Corp. (L) Reports Q3 EPS of $0.46
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Loews Corporation Reports Net Income Of $157 Million For The Third Quarter Of 2017
October 30, 2017 6:00 AM EDTNEW YORK, Oct. 30, 2017 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income of $157 million, or $0.46 per share, for the three months ended September 30, 2017, compared to $327 million, or $0.97 per share, in the prior year period. Net income for the nine months ended September 30, 2017 was $683 million, or $2.02 per share, compared to $364 million, or $1.08 per share, in the prior year period.
Book value per share increased to $56.51 at September 30, 2017 from $53.96 at December 31, 2016. Book value per share excluding accumulated other comprehensive income (AOCI) increased to $56.41 at September 30, 2017 from $54.62 at December 31, 2016.
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