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MarketScreener Homepage  >  Equities  >  Nyse  >  Loews Corporation    L

LOEWS CORPORATION

(L)
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Loews: 2Q Earnings Snapshot

08/03/2020 | 06:19am EST

NEW YORK (AP) _ Loews Corp. (L) on Monday reported a second-quarter loss of $835 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of $2.96. Earnings, adjusted for investment costs and non-recurring costs, came to $1.19 per share.

The commercial property and casualty insurance company posted revenue of $2.31 billion in the period.

Loews shares have fallen 31% since the beginning of the year, while the Standard & Poor's 500 index has increased 1%. The stock has decreased 31% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on L at https://www.zacks.com/ap/L

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (USD)
Sales 2019 14 907 M - -
Net income 2019 932 M - -
Net Debt 2019 11 891 M - -
P/E ratio 2019 17,1x
Yield 2019 0,48%
Capitalization 11 916 M 11 916 M -
EV / Sales 2018 1,79x
EV / Sales 2019 1,85x
Nbr of Employees 18 605
Free-Float 79,7%
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Managers
NameTitle
James S. Tisch President, Chief Executive Officer & Director
Andrew H. Tisch Co-Chairman
Jonathan M. Tisch Co-Chairman
David B. Edelson Chief Financial Officer & Senior Vice President
Herb E. Hoffmann Vice President-Information Technology
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