Loews: Q4 Earnings Snapshot
Loews: Q4 Earnings Snapshot
By AP News
Published - Feb 06, 2023, 06:29 AM ET
Last Updated - Jun 22, 2023, 11:12 PM EDT
NEW YORK (AP) _ Loews Corp. (L) on Monday reported fourth-quarter profit of $364 million.
On a per-share basis, the New York-based company said it had net income of $1.53. Earnings, adjusted for investment costs, came to $1.63 per share.
The commercial property and casualty insurance company posted revenue of $3.79 billion in the period.
For the year, the company reported profit of $1.01 billion, or $4.16 per share. Revenue was reported as $14.04 billion.
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