Add to Watchlist Create Alerts

Real-Time Last Update

Last Sale Cboe BZX Real-Time

Volume

LOEWS CORPORATION REPORTS NET INCOME OF $130 MILLION FOR THE THIRD QUARTER OF 2022

PR Newswire - Mon Oct 31, 2022

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $130 million, or $0.54 per share, for the third quarter of 2022, compared to net income of $220 million, or $0.85 per share, in the third quarter of 2021. Net income for the nine months ended September 30, 2022 was $648 million, or $2.64 per share, compared to net income of $1.2 billion, or $4.70 per share, for the nine months ended September 30, 2021.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe

At midday: S&P, Nasdaq hit record highs as tepid inflation data fans rate cut bets

Chevron tops Tesla as most-shorted stock in April, says Hazeltree

The close: Nasdaq at record high after Fed chair’s comments but TSX dips for third day

The close: S&P 500, TSX slip as investors await inflation data; meme rally reignites

report on business

Shopify executive earned US$76-million in 2023, far outpacing CEO’s compensation

inside the market

Advantage Energy director buys as stock rallies

The close: S&P 500 higher but TSX slips as traders await key U.S. inflation data

inside the market

How pro money managers are balancing exposure to Canadian and U.S. stocks