Loews Corp. (L) Reports Q4 EPS of $1.37
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LOEWS CORPORATION REPORTS 2021 NET INCOME OF $343 MILLION FOR THE FOURTH QUARTER AND $1.6 BILLION FOR THE FULL YEAR
February 7, 2022 6:00 AM ESTNEW YORK, Feb. 7, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported fourth quarter net income of $343 million, or $1.37 per share, compared to net income of $397 million, or $1.45 per share, for the fourth quarter of 2020. For the full year, Loews reported net income of $1.58 billion, or $6.07 per share, compared to a net loss of $931 million, or $3.32 per share, in 2020.
Excluding the 2021 investment gain for Altium Packaging, the 2020 investment loss for Diamond Offshore, and the 2020 operating loss for Diamond Offshore, as detailed on page 4 of this release, full year net income was $1.1... More
