{"schema_version":"secwatch.filing_event.v1","accession":"0000060086-22-000104","form_type":"8-K","ticker":"L","cik":"0000060086","company_name":"LOEWS CORP","filed_at":"2022-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.252647+00:00","generated_at":"2026-06-22T22:05:27.472636+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Loews Q3 net income falls to $130M from $220M; book value declines on rate impact","bullets":["Net income per share $0.54 vs $0.85 prior year; nine-month EPS $2.64 vs $4.70 (prior year included Altium gain).","Book value per share $58.14, down from $71.84 at year-end 2021; ex-AOCI rose to $74.11 from $71.09.","CNA's net contribution to Loews fell to $115M from $229M on investment losses and $87M Hurricane Ian catastrophe losses.","Loews Hotels net income doubled to $25M on travel rebound; Boardwalk Pipelines EBITDA rose 4% to $192M.","Repurchased 4.1M shares for $230M in Q3; additional 0.7M shares for $38M in October through Oct 28."],"urls":{"canonical":"https://secwatch.observer/filing/0000060086-22-000104","json":"https://secwatch.observer/filing/0000060086-22-000104.json","markdown":"https://secwatch.observer/filing/0000060086-22-000104.md","text":"https://secwatch.observer/filing/0000060086-22-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/60086/000006008622000104/0000060086-22-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/60086/000006008622000104/l-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:05:27.472636+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a27a38a2e7e40aa40376f3f91278cdad6237ec6","claim":"LOEWS CORP reported the third quarter of 2022 results: net income net income of $130 million, EPS $0.54 per share.","evidence_excerpt":"Loews Corporation (NYSE:L) today reported net income of $130 million, or $0.54 per share, for the third quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/60086/000006008622000104/0000060086-22-000104-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2022"},{"label":"Net income","value":"net income of $130 million"},{"label":"EPS","value":"$0.54 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"694e5d07096d965586c69309dc33c92ea611064e","claim":"LOEWS CORP reported the nine months ended September 30, 2022 results: net income Net income for the nine months ended September 30, 2022 was $648 million, EPS $2.64 per share.","evidence_excerpt":"Net income for the nine months ended September 30, 2022 was $648 million, or $2.64 per share, compared to net income of $1.2 billion, or $4.70 per share, for the nine months ended September 30, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/60086/000006008622000104/0000060086-22-000104-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Net income","value":"Net income for the nine months ended September 30, 2022 was $648 million"},{"label":"EPS","value":"$2.64 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}