Loews Corp. (L) Reports Q1 EPS of $1.36

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Go back to Loews Corp. (L) Reports Q1 EPS of $1.36

LOEWS CORPORATION REPORTS NET INCOME OF $338 MILLION FOR THE FIRST QUARTER OF 2022

May 2, 2022 6:00 AM EDT

NEW YORK, May 2, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income of $338 million, or $1.36 per share, for the first quarter of 2022 compared to net income of $261 million, or $0.97 per share, in the first quarter of 2021.

Net income for the first quarter of 2022 increased compared to the comparable prior year period as CNA Financial, Boardwalk Pipelines, and Loews Hotels & Co all generated strong operating results. CNA experienced higher property & casualty non-catastrophe underwriting results and lower catastrophe... More