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.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Also Read:  Glu Mobile slips about 10% after it reports loss for Q4

Most Popular

Vail Resorts (MTN) can reward investors once it gets past market crisis

The recent travel restrictions have taken a heavy toll on the tourism industry, leaving almost all destinations deserted. Vail Resorts Inc. (NYSE: MTN), a leading operator of mountain ski resorts,

The coming months will prove to be a testing time for Boeing (BA)

Shares of Boeing Co. (NYSE: BA) were up 13% in afternoon hours on Monday. The stock is down 63% from its 52-week high of $391. As the aviation industry suffers

Wayfair (W) stock looks less attractive despite low price, thanks to market selloff

Shareholders of online furniture retailer Wayfair Inc. (NYSE: W) have been speculating about their returns for long, with the stock not making any meaningful gains in the past several months.

Top