---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-22-000020"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T02:14:58.070266+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Loews Q1 net income $338M ($1.36/sh), up 30% YoY; book value ex-AOCI rises to $72.34

## Summary
- Net income $338M ($1.36 EPS) vs $261M ($0.97 EPS) in Q1 2021; income before investment gains $341M (up 57%).
- Book value per share $67.27, down from $71.84; ex-AOCI book value rose to $72.34 from $71.09.
- CNA, Boardwalk Pipelines, Loews Hotels all delivered strong results; hotel occupancy recovering, especially at Universal Orlando.
- Repurchased 2.15M shares for $129M in Q1; additional 0.3M for $19M in April.
- Parent company investment portfolio recorded a loss; corporate segment benefited from absence of Altium-related charges.

## SEC filing metadata
- accession: 0000060086-22-000020
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60086/000006008622000020/0000060086-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008622000020/l-20220502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-22-000020
- JSON: https://secwatch.observer/filing/0000060086-22-000020.json
- Plain text: https://secwatch.observer/filing/0000060086-22-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.