Loews Q4 net income $364M ($1.53 EPS); repurchased 12.7M shares in 2022

LOEWS CORP

2022-FY EPS reported $4.16 revenue$14,044,000,000

Q4 net income $364M ($1.53 EPS) vs $343M ($1.36 EPS) in Q4 2021.
Boardwalk EBITDA rose to $248M (+40% YoY); Loews Hotels Adjusted EBITDA $85M vs $64M.
Repurchased 12.7M shares for $738M in 2022; additional 1.0M shares ($58M) in Jan-Feb 2023.
Delaware Supreme Court reversed $900M damages ruling from Chancery Court in Boardwalk minority unitholder case.
CNA increased quarterly dividend to $0.42 and declared $1.20 special dividend.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LOEWS CORP reported the fourth quarter of 2022 results: net income $364 million, EPS $1.53 per share.

Period: the fourth quarter of 2022
Net income: $364 million
EPS: $1.53 per share
Result: reported results

Exact text from the filing

Loews Corporation reported net income of $364 million, or $1.53 per share, compared to $343 million, or $1.36 per share, in the fourth quarter of 2021.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LOEWS CORP reported the full year 2022 results: net income $1.0 billion, EPS $4.16 per share.

Period: the full year 2022
Net income: $1.0 billion
EPS: $4.16 per share
Result: reported results

Exact text from the filing

Loews reported net income of $1.0 billion, or $4.16 per share, compared to $1.6 billion, or $6.07 per share in 2021.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

LOEWS CORP filing history →

Source: SEC EDGAR

accession 0000060086-23-000013

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