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AI brief of an SEC Form 8-K · Loews (L)

Loews Q3 2024 net income rises to $401 million, $1.82 per share, from $253 million

Positive Impact 3 of 5 earnings Written later

Loews Corporation reported third quarter 2024 net income of $401 million, or $1.82 per share, up from $253 million, or $1.12 per share, a year earlier. Excluding a $37 million pension plan termination charge in the prior-year quarter, net income grew 38%, driven by CNA, Boardwalk and parent company investment income, partly offset by a lower result at Loews Hotels.

Key points

  • Net income attributable to Loews was $401 million, or $1.82 per share, versus $253 million, or $1.12 per share, in Q3 2023.
  • CNA net income rose to $259 million from $235 million; Boardwalk net income rose 57% to $77 million from $49 million.
  • Loews Hotels posted a net loss of $8 million versus net income of $17 million, due to a joint venture property impairment.
  • Loews repurchased 0.8 million shares for $64 million in Q3 2024 and another 1.2 million shares for $92 million so far in Q4 2024.

The filing

CompanyLoews (L)
Form8-K, current report
Filed with the SECNov 4, 2024, 6:16 AM ET
Accession number0000060086-24-000194

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.