---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-24-000083"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:34:36.445643+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 $457M ($2.05 EPS), +22% YoY; Boardwalk CEO Horton retiring in June

## Summary
- Net income $457M ($2.05 diluted EPS) vs $375M ($1.61) in Q1 2023, up 22% year-over-year.
- CNA contributed $310M (+16% YoY) driven by higher net investment income; core income $355M, up 9%.
- Boardwalk net income $121M (+41% YoY); EBITDA $307M (+20%); CEO Stan Horton retiring in June, succeeded by Scott Hallam.
- Loews Hotels net income $16M (down from $24M) due to lower Orlando occupancy and pre-opening expenses at new Arlington property.
- Parent company held $3.2B cash/investments; repurchased 0.9M shares for $67M since Q4 2023.

## SEC filing metadata
- accession: 0000060086-24-000083
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2024-05-06T23:59:59+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/60086/000006008624000083/0000060086-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008624000083/l-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-24-000083
- JSON: https://secwatch.observer/filing/0000060086-24-000083.json
- Plain text: https://secwatch.observer/filing/0000060086-24-000083.txt

## Key facts
- Earnings Releases
  LOEWS CORP reported first quarter of 2024 results: net income $457 million, EPS $2.05 per share.
  - Period: first quarter of 2024
  - Net income: $457 million
  - EPS: $2.05 per share
  - Result: reported results
  source text: Loews Corporation reported net income of $457 million, or $2.05 per share, in the first quarter of 2024, which represents a 22% increase over $375 million, or $1.61 per share, in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008624000083/0000060086-24-000083-index.htm

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