Loews Corp. (L) Tops Q2 EPS by 7c
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Loews Corporation Reports Net Income Of $249 Million For The Second Quarter Of 2019
August 5, 2019 6:00 AM EDTNEW YORK, Aug. 5, 2019 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income of $249 million, or $0.82 per share, for the three months ended June 30, 2019, compared to $230 million, or $0.72 per share, in the prior year period. Net income for the six months ended June 30, 2019 was $643 million, or $2.09 per share, compared to $523 million, or $1.61 per share, in the prior year period.
Net income for the three months ended June 30, 2019 increased as compared with the prior year period due to higher earnings at CNA Financial Corporation and Boardwalk Pipelines partially offset by... More