---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-23-000013"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:35:00.784193+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000060086-23-000013
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60086/000006008623000013/0000060086-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008623000013/l-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-23-000013
- JSON: https://secwatch.observer/filing/0000060086-23-000013.json
- Plain text: https://secwatch.observer/filing/0000060086-23-000013.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008623000013/0000060086-23-000013-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008623000013/0000060086-23-000013-index.htm

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