Loews Corp. (L) Reports Q3 EPS of $0.85
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Loews Corporation Reports Net Income Of $220 Million For The Third Quarter Of 2021
November 1, 2021 6:00 AM EDTNEW YORK, Nov. 1, 2021 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income of $220 million, or $0.85 per share, for the third quarter of 2021 compared to net income of $139 million, or $0.50 per share, for the third quarter of 2020. Net income for the nine months ended September 30, 2021 was $1.24 billion, or $4.70 per share, compared to a net loss of $1.33 billion, or $4.70 per share, for the nine months ended September 30, 2020.
Each of the company's consolidated subsidiaries, CNA Financial Corporation, Boardwalk Pipelines, and Loews Hotels & Co, contributed meaningfully to the year-over-year increase in... More
