secwatch.observer — SEC 8-K summary
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Issuer:     LOEWS CORP (L)
CIK:        0000060086
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001140361-21-036069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loews Q3 net income rises to $220M ($0.85/sh) from $139M; book value grows to $70.21
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- Q3 EPS $0.85 vs $0.50 YoY; net income $220M up from $139M.
- Nine-month net income $1.24B vs net loss of $1.33B in prior year.
- All three subsidiaries contributed: CNA non-cat underwriting improved; Boardwalk revenue up; Loews Hotels saw leisure rebound.
- Book value per share rose to $70.21 from $66.34 at Dec 2020; ex-AOCI to $69.46 from $64.18.
- Repurchased 6.2M shares in Q3 ($333M) and 0.1M shares post-quarter ($5M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60086/000114036121036069/0001140361-21-036069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60086/000114036121036069/brhc10030247_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-036069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer