---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-26-000029"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:08:33.485688+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Loews Q1 net income $337M ($1.63/shr) vs $370M; CNA reserve charge weakens results

## Summary
- Net income $337M ($1.63/shr) vs $370M ($1.74/shr) in Q1 2025; book value per share excl AOCI $97.20.
- CNA net income fell 23% to $194M; combined ratio 102.2% vs 98.4% on $106M reserve charge and higher underlying loss ratio.
- Boardwalk EBITDA up 4% to $360M; closed Spire Marketing acquisition for $215M on April 30, 2026.
- Loews Hotels Adjusted EBITDA surged 53% to $124M; occupancy rose to 81% on Orlando performance.
- Parent cash & investments $4.5B; repurchased 0.3M shares for $31M; capex backlog $3.2B.

## SEC filing metadata
- accession: 0000060086-26-000029
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/60086/000006008626000029/0000060086-26-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008626000029/l-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-26-000029
- JSON: https://secwatch.observer/filing/0000060086-26-000029.json
- Plain text: https://secwatch.observer/filing/0000060086-26-000029.txt

## Key facts
- Earnings Releases
  LOEWS CORP reported first quarter of 2026 results: net income $337 million, EPS $1.63 per share.
  - Period: first quarter of 2026
  - Net income: $337 million
  - EPS: $1.63 per share
  - Result: reported results
  source text: Loews Corporation reported net income of $337 million, or $1.63 per share, in the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/60086/000006008626000029/0000060086-26-000029-index.htm

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