earnings
confidence high
sentiment neutral
materiality 0.75
Loews Q2 net income $391M ($1.87 EPS) vs $369M ($1.67) YoY; share buybacks continue
LOEWS CORP
2025-Q2 EPS reported
$3.61
revenue$9,049,000,000
- Net income $391M vs $369M YoY; EPS $1.87 vs $1.67; book value per share $84.42, up from $79.49 at Dec 2024.
- CNA contributed $274M net income, down from $291M; $81M after-tax mass tort charge offset higher investment income.
- Boardwalk net income up 26% to $88M; EBITDA +14% to $274M; revenue backlog $14.7B; $1.7B capex projects approved.
- Loews Hotels net income $28M (vs $35M); Adj EBITDA $109M (+11%); expects Adj EBITDA $400-450M in coming years.
- Repurchased 2.9M shares for $251M in Q2; YTD 7.5M shares for $636M; parent company cash & investments $3.4B.
item 2.02item 9.01