If EPS Growth Is Important To You, Loews (NYSE:L) Presents An Opportunity
Loews Third Quarter 2024 Earnings: EPS: US$1.82 (Vs US$1.12 in 3Q 2023)
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The insurance company Loews Corp (L.US) increased its third quarter profit by nearly 60%.
Insurance company Loews Corp (L.US) announced on Monday that third-quarter profit increased by 58% year-on-year to $0.401 billion, or $1.82 per share, benefiting from higher investment income and strong performance in the insurance segment. Most of the revenue for the quarter came from its insurance business CNA Financial, of which the company holds over 90% of the shares. Quarterly premiums increased to $2.59 billion year-on-year. At the same time, investment income rose from $0.592 billion in the same period last year to $0.776 billion.
Express News | Loews- CNA Said Losses for Hurricane Milton Seen to Be in Range of $25 Mln to $55 Mln ($18 Mln to $40 Mln After Tax to Loews)
Loews Corp. Q3 Income Advances
Earnings Flash (L) LOEWS CORPORATION Reports Q3 Revenue $4.47B
Express News | Loews Corp: Qtrly Rev $4,466 Mln
Express News | Loews Q3 Net Income USD 401 Million
Express News | Loews Q3 EPS USD 1.82
Loews 3Q Book Value Per Shr $79.28 >L
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Loews (L.US) will release its financial report before the market opens on November 4th.
$Loews (L.US)$ will release its financial report before the market opens on November 4th. How was its performance previously? $Loews (L.US)$ achieved revenue of $4.267 billion, net income of $0.395 billion, and earnings per share of $1.67 in 2024 Q2. In 2023 Q3, revenue was $3.926 billion, net income was $0.276 billion, and earnings per share was $1.12. The above data is based on the US GAAP accounting standards. Futubull reminder: 1. There is no strict requirement for the accounting year division time for Hong Kong and US-listed companies, it is completely up to the enterprise.
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