Categories AlphaGraphs, Earnings, Finance
Loews Corporation’s (L) Q2 earnings per share rise 6% on higher revenues
Loews Corporation (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality, and packaging industries, on Monday reported an increase in revenues and earnings for the second quarter of 2024.
Net income increased to $369 billion in the June quarter from $360 million in the year-ago quarter. On a per-share basis, Q2 earnings were $1.67, compared to $1.58 in the second quarter of 2023.
The bottom line benefitted from an 8% growth in second-quarter revenues to $4.27 billion, with the core CNA Financial segment registering a 7% revenue growth.
“Loews had another good quarter driven by strong results at CNA and Boardwalk. CNA continued to experience profitable growth while Boardwalk capitalized on strong fundamentals in the natural gas pipeline business,” said James Tisch, chief executive officer of Loews Corporation.
Prior Performance
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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
