Categories Earnings, Finance

Loews Corp. (L): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Loews Corporation (NYSE: L) reported Q4 2019 earnings of $0.73 per share, vs. $0.72 expected.

— Revenues increased to $3.8 billion from $3.2 billion in the prior-year quarter.

— Net income amounted to $217 million.

— Book value per share increased to $65.71 at December 31, 2019.

— Loews repurchased 8.3 million shares for $417 million during the quarter.

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