Categories Analysis, Industrials

Loews Corporation (L) Q2 2023 Earnings Summary

Loews Corporation (NYSE: L) reported second quarter 2023 earnings results today.

Total revenues were $3.93 billion compared to $3.38 billion in the same period last year.

Net income was $360 million, or $1.58 per share, compared to $167 million, or $0.68 per share, in the year-ago quarter.

CNA’s core income was $308 million.

Boardwalk’s net income was $57 million.

Loews Hotels’ net income was $74 million.

Loews repurchased 1.8 million shares of its common stock for a total cost of $107 million in Q2.

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