Loews

Loews Corp. operates as a holding company, which engages in the oil and gas business. It operates through the following segments: CNA Financial, Diamond Offshore, Boardwalk Pipeline, Loews Hotels and Corporate. The CNA Financial segment offers property, casualty, insurance, and underwriting services. The Diamond Offshore segment manages drilling rigs. The Boardwalk Pipeline segment transports and stores natural gas and natural gas liquids. The Loews Hotels segment operates restaurants and a chain of hotels. The Corporate segment includes investment income and interest expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch in 1954 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q4 2024

Loews posts stellar Q4 results, CNA Financial shows resilience

Loews and its subsidiaries, including CNA Financial, reported strong financial performance in Q4 2022.
While facing challenges such as unresolved litigation and declining book value per share, opportunities for growth and improvement are evident.
Strategic capital allocation decisions and record earnings from subsidiaries position Loews well for future success.

Loews reports robust Q1 earnings, eyes growth amidst legal challenges

Loews delivered impressive Q1 results with strong performances from CNA, Boardwalk, and Loews Hotels. While facing legal and cost challenges, the company's strategic initiatives and market positions offer growth opportunities.

Loews reports strong Q2 performance, eyes share repurchases for growth

Loews and its subsidiaries showed strong performance in Q2 2023, with CNA and Boardwalk driving growth. Challenges include higher expenses impacting Loews Hotels' EBITDA. Opportunities lie in share repurchases and the ongoing construction of Loews Arlington Hotel.

Loews reports robust Q3 results, CNA's growth drives performance

Loews and CNA showcased strong performances in Q3, with growth and improved results across subsidiaries.
CNA's strategic actions in managing its long-term care business and investment portfolio are driving positive outcomes.
Loews Hotels' significant investments in growth projects and upcoming room additions position the company for continued success.
Despite challenges like lower market valuation, both Loews and CNA are capitalizing on opportunities for growth and value creation.

Loews reports stellar Q4 earnings, CNA and Boardwalk shine

Loews delivered strong financial performance in Q4 2023, with notable growth in earnings per share and core income across subsidiaries. CNA and Boardwalk Pipelines stood out with record results, while Loews Hotels showed improved profitability. Share repurchases signal confidence in the company's value and growth potential.

Loews reports exceptional Q1 results, eyes growth opportunities ahead

Loews delivered strong financial performance in Q1 2024, driven by robust results at CNA and Boardwalk. Despite challenges in the hotel sector, the company remains financially stable with significant cash reserves. Opportunities for growth exist through new hotel openings and potential strategic shifts at Boardwalk.

Loews reports strong Q2 earnings, leadership transitions present growth opportunities

Loews and its subsidiaries demonstrated robust financial performance in Q2 2024, with strong net income and book value growth.
While facing challenges in certain segments like Loews Hotels, the company's overall liquidity and financial position remain solid.
The leadership transitions at Loews and CNA Financial offer opportunities for new strategies and growth initiatives under new management.

Loews reports robust Q3 earnings, eyes growth in energy sector

Loews' Q3 performance reflects strong financial results and strategic initiatives across its subsidiaries, signaling resilience and growth potential.
While leadership changes and market challenges may pose risks, the company's strengths in diverse sectors and forward-looking approach present opportunities for sustained success.
By capitalizing on the demand for natural gas and expanding its presence in key markets, Loews is poised to navigate challenges and drive future value creation.

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Loews Corp. is a holding company, which engages in the business of commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. It operates through the following segments: CNA Financial, Boardwalk Pipelines, Loews Hotels and Co, and Corporate. The CNA Financial segment is involved in the sale of property and casualty insurance products and services, including surety, primarily through a network of independent agents, brokers, and managing general underwriters. The Boardwalk Pipelines segment focuses on midstream portion of the natural gas and NGLs industry, providing transportation, and storage for those commodities. The Loews Hotels and Co segment refers to a chain of hotels, which are in the United States and one of which is in Canada. The Corporate segment consists of investment income from the parent company’s cash and investments, parent company interest expense, and other unallocated parent company expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch on November 12, 1969 and is headquartered in New York, NY.

NEW YORK , Oct. 18, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2022 financial results on Monday, October 31, 2022. The conference call for investors will begin at 10:00 a.m.

Loews Corporation to Release Third Quarter 2022 Results on October 31, 2022

Loews Corporation is a key addition to a retirement portfolio given the company's conglomerate nature and focus on growth. The company has aggressively repurchased shares with its earnings, and we expect its outstanding share count to decrease significantly.

Loews Corporation Is A Key Addition To A Retirement Portfolio

Loews Corporation (NYSE:L ) Q2 2022 Earnings Conference Call August 1, 2022 10:00 AM ET Company Participants Chris Nugent - Investor and Public Relations Jim Tisch - Chief Executive Officer Jane Wang - Senior Vice President and Chief Financial Officer Conference Call Participants Operator Good day, everyone and welcome to today's Loews Corporation Q2 Earnings Conference Call. [Operator Instructions] Please note this call maybe recorded and I will be standing by if you need any assistance.

Loews Corporation (L) CEO Jim Tisch on Q2 2022 Results - Earnings Call Transcript

NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $180 million, or $0.73 per share, for the second quarter of 2022 compared to net income of $754 million, or $2.86 per share, in the second quarter of 2021. Net income for the six months ended June 30, 2022 was $518 million, or $2.09 per share, compared to net income of $1.0 billion, or $3.82 per share, for the six months ended June 30, 2021.

LOEWS CORPORATION REPORTS NET INCOME OF $180 MILLION FOR THE SECOND QUARTER OF 2022

Loblaw Companies Limited (OTCPK:LBLCF) Q2 2022 Earnings Conference Call July 27, 2022 10:00 AM ET Company Participants Roy MacDonald – Vice President-Investor Relations Richard Dufresne – Chief Financial Officer Galen Weston – Chairman, Chief Executive Officer and President Conference Call Participants Mark Petrie – CIBC Irene Nattel – RBC Capital Markets Michael Van Aelst – TD Securities Patricia Baker – Scotiabank Vishal Shreedhar – National Bank Chris Li – Desjardins Kenric Tyghe – ATB Capital Markets Peter Sklar – BMO Capital Markets Irene Nattel – RBC Capital Markets Operator Good morning, ladies and gentlemen. And welcome to the Loblaw Companies Limited Second Quarter 2022 Results Conference Call.

Loblaw Companies Limited (LBLCF) CEO Galen Weston on Q2 2022 Results - Earnings Call Transcript

New development is on track to open in early 2024, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District Soy Cowboy is the latest restaurant creation from Texas-based restaurant group, Berg Hospitality ARLINGTON, Texas , July 20, 2022 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today topped off the $550 million Loews Arlington Hotel and Convention Center and announced the new signature restaurant. Executives from the company were joined by Arlington Mayor Jim Ross, Managing Partner and Majority Owner of the Texas Rangers Ray Davis, Benjamin Berg, Founder & CEO of Berg Hospitality, along with members of the Arlington City Council and other community and business leaders, to recognize and celebrate this milestone.

Loews Hotels & Co Tops Off the $550 Million, 888-room Loews Arlington Hotel and Arlington Convention Center and Names Soy Cowboy as Hotel's Signature Restaurant Anchor

NEW YORK , July 19, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2022 financial results on Monday, August 1, 2022. The conference call for investors will begin at 10:00 a.m.

Loews Corporation to Release Second Quarter 2022 Results on August 1, 2022

NEW YORK , May 10, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that Ben Tisch has been promoted to Senior Vice President of Corporate Development and Strategy, effective immediately.   Tisch will oversee the performance of Loews's subsidiaries and will work closely with Loews's Chief Investment Officer Richard Scott to manage the portfolios for Loews and its publicly traded P&C insurance subsidiary, CNA Financial.

Loews Corporation Promotes Benjamin Tisch to Senior Vice President, Corporate Development and Strategy

Loews Corporation (NYSE:L ) Q1 2022 Earnings Conference Call May 2, 2022 10:00 AM ET Company Participants Mary Skafidas - Vice President, Investor Relations and Corporate Communications Jim Tisch - Chief Executive Officer David Edelson - Chief Financial Officer Operator Good day, everyone and welcome to today's Loews Corporation Q1 Earnings Conference Call. [Operator Instructions] Please note that this call maybe recorded and I will be standing by if you need any assistance.

Loews Corporation (L) CEO Jim Tisch on Q1 2022 Results - Earnings Call Transcript

Loews Corp. L, -2.69% reported Monday net income that rose from a year ago but revenue and book value per share that fell, as lower net unrealized investment gains resulted from the rise in interest rates. Net income increased to $338 million, or $1.36 a share, from $261 million, or 97 cents a share, in the year-ago period, as the diversified company said its CNA Financial, Boardwalk Pipelines and Loews Hotels businesses all saw earnings rise.

Loews earnings rise, but revenue falls as investment income swings to negative due to rise in interest rates

NEW YORK , May 2, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $338 million, or $1.36 per share, for the first quarter of 2022 compared to net income of $261 million, or $0.97 per share, in the first quarter of 2021. Net income for the first quarter of 2022 increased compared to the comparable prior year period as CNA Financial, Boardwalk Pipelines, and Loews Hotels & Co all generated strong operating results.

LOEWS CORPORATION REPORTS NET INCOME OF $338 MILLION FOR THE FIRST QUARTER OF 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2022 financial results on Monday, May 2, 2022. The conference call for investors will begin at 10:00 a.m.

Loews Corporation to Release First Quarter 2022 Results on May 2, 2022

"I think it's a hidden gem that should work perfectly in an increasingly tough market," the "Mad Money" host said Wednesday.

Loews Corporation is a ‘hidden gem' in the rough, Jim Cramer says

Loews Corp. ( L , Financial) is a diversified holding company with businesses in the insurance, energy, lodging and packaging industries. Consolidated subsidiaries include CNA Financial, Boardwalk Pipelines, Loews Hotels and Altium Packaging.

Loews Corp: Diversified Holding Company Appears Undervalued

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Loews Corporation (L) CEO James Tisch on Q4 2021 Results - Earnings Call Transcript

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NEW 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.

LOEWS CORPORATION REPORTS 2021 NET INCOME OF $343 MILLION FOR THE FOURTH QUARTER AND $1.6 BILLION FOR THE FULL YEAR

NEW YORK, Jan. 25, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2021 financial results on Monday, February 7, 2022. The conference call for investors will begin at 10:00 a.m.

Loews Corporation to Release Fourth Quarter 2021 Results on February 7, 2022

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NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Court of Chancery issued a ruling in the class action litigation relating to its 2018 acquisition of the minority limited partner interests in its Boardwalk Pipelines subsidiary. The Court held that Loews breached the Boardwalk partnership agreement and awarded the class of former Boardwalk unitholders approximately $690 million, plus interest.

Loews Corporation Comments on Delaware Court of Chancery Ruling

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Loew's Hotels saw its revenue more than double in the fiscal third quarter, but CEO Jonathan Tisch says there's still ground to cover for a full recovery to 2019 levels.    Tisch blames Amazon for making things harder Tisch blames the ongoing labour shortage and the “Amazon effect” for making it hard for hospitality companies […] The post Loew's Hotels CEO disagrees with Bill Gates' outlook on business travel appeared first on Invezz.

Loew's Hotels CEO disagrees with Bill Gates' outlook on business travel

Loews Corporation (L) CEO James Tisch on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that David B. Edelson has decided to step down in May 2022 as Chief Financial Officer, a position he has held since 2014.

News for Loews Stock (L)