Loews Corporation (NYSE: L), a diversified company with businesses in areas like insurance, energy, and hospitality, reported financial results for the fourth quarter of 2024.
- Net income attributable to Loews decreased sharply to $187 million in Q4 from $446 million in the year-ago quarter
- Core income for the CNA subsidiary, on an adjusted basis, dropped to $342 million in the December quarter from $362 million in Q4 2023
- At $4.55 billion, fourth-quarter revenues were up 7% from the prior-year period
- On a per-share basis, Q4 earnings slid to $0.86 per share from $1.99 per share in the fourth quarter of 2023
- Book value per share, excluding Accumulated Other Comprehensive Income, increased to $88.18 in the December quarter from $81.92 as of December 2023
- The company repurchased 4.2 million shares of its common stock for a total cost of $349 million in the final three months of fiscal 2024
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Docusign (DOCU) Earnings: 4Q25 Key Numbers
Docusign, Inc. (NASDAQ: DOCU) reported total revenue of $776.3 million for the fourth quarter of 2025, up 9% year-over-year. Net income was $83.5 million, or $0.39 per share, compared to
DG Q4 Call Highlights: Consumer Shifts, Inventory Wins, and Rural Delivery Boom!
Dollar General Corp., a retailer that operates discount stores, in its Q4 earnings call discussed Dollar General's financial strategy to reach 6-7% operating margins by 2028 through shrink reduction, inventory
ULTA Earnings: Highlights of Ulta Beauty’s Q4 2024 results
Ulta Beauty, Inc. (NASDAQ: ULTA), a leading retailer of cosmetics and personal care products, on Thursday reported a decrease in net sales for the fourth quarter of 2024. Fourth-quarter net
