earnings
confidence high
sentiment positive
materiality 0.75
Loews Q2 net income $754M ($2.86/sh) vs loss of $835M a year ago
LOEWS CORP
2021-Q2 EPS reported
$3.82
revenue$7,625,000,000
- Net income $754M ($2.86 diluted EPS) vs net loss $835M ($2.96 loss) in Q2 2020.
- Excluding Altium gain ($438M after-tax) and Diamond Offshore loss ($957M), adjusted net income $316M vs $122M.
- Book value per share $69.59, up from $66.34 at Dec 31, 2020.
- Repurchased 3.9M shares for $219M in Q2 and 2.6M additional shares for $140M in July 2021.