earnings
confidence high
sentiment negative
materiality 0.75
Loews Q1 net income $370M ($1.74) down 19% YoY; repurchased 5.1M shares
LOEWS CORP
2025-Q1 EPS reported
$1.74
revenue$4,494,000,000
- Net income $370M vs $457M YoY; EPS $1.74 vs $2.05.
- CNA net income $252M vs $310M; recorded $63M pretax reserve charge in commercial auto.
- Boardwalk net income $152M vs $121M; EBITDA up 13% to $346M on higher re-contracting rates.
- Loews Hotels net income $0 vs $16M; Adjusted EBITDA flat at $81M, impacted by lower occupancy.
- Since Dec 31 2024, repurchased 5.1M shares for $429M; book value ex AOCI $89.74.