Loews Corp. (L) Misses Q3 EPS by 9c

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Go back to Loews Corp. (L) Misses Q3 EPS by 9c

Loews Corporation Reports Net Income Of $278 Million For The Third Quarter Of 2018

November 5, 2018 6:00 AM EST

NEW YORK, Nov. 5, 2018 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income for the three months ended September 30, 2018 of $278 million, or $0.88 per share, compared to $157 million, or $0.46 per share, in the prior year period. Net income for the nine months ended September 30, 2018 was $801 million, or $2.49 per share, compared to $683 million, or $2.02 per share, in the prior year period.

Net income for the three and nine months ended September 30, 2018 increased as compared to the prior year period, due to higher earnings at CNA Financial Corporation, Boardwalk Pipeline Partners, LP and... More