---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-24-000011"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:29:32.101821+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Loews reports Q4 net income $446M ($1.99 EPS), up 26% YoY; repurchased 14M shares in 2023 for $852M

## Summary
- Q4 net income $446M ($1.99/sh) vs $355M ($1.49/sh) in Q4 2022, a 26% increase.
- Full-year net income $1.434B ($6.29/sh) vs $822M ($3.38/sh) in 2022, up 74%.
- Repurchased 14M shares for $852M in 2023; book value per share ex-AOCI $81.92, up 9% YoY.
- CNA net income contribution to Loews up 57% to $336M; Boardwalk EBITDA up 5% to $260M; Loews Hotels Adj. EBITDA $83M.
- CNA increased regular dividend to $0.44 and declared special dividend of $2.00; parent company cash and investments $2.6B.

## SEC filing metadata
- accession: 0000060086-24-000011
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2024-02-05T23:59:59+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/60086/000006008624000011/0000060086-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008624000011/l-20240205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-24-000011
- JSON: https://secwatch.observer/filing/0000060086-24-000011.json
- Plain text: https://secwatch.observer/filing/0000060086-24-000011.txt

## Key facts
- Earnings Releases
  LOEWS CORP reported the full year of 2023 results: net income $1.4 billion, EPS $6.29 per share.
  - Period: the full year of 2023
  - Net income: $1.4 billion
  - EPS: $6.29 per share
  - Result: reported results
  source text: Loews Corporation reported net income of $1,434 million, or $6.29 per share, compared to $822 million, or $3.38 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008624000011/0000060086-24-000011-index.htm
- Earnings Releases
  LOEWS CORP reported the fourth quarter of 2023 results: net income $446 million, EPS $1.99 per share.
  - Period: the fourth quarter of 2023
  - Net income: $446 million
  - EPS: $1.99 per share
  - Result: reported results
  source text: Loews Corporation reported net income of $446 million, or $1.99 per share, in the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008624000011/0000060086-24-000011-index.htm

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