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

Loews Q4 net income falls to $187 million on $265 million CNA pension charge

Mixed Impact 3 of 5 earnings Written later

Loews reported fourth-quarter 2024 net income of $187 million, or $0.86 per share, down from $446 million, or $1.99 per share, a year earlier, after a $265 million CNA pension settlement charge. For full-year 2024, net income was $1,414 million, or $6.41 per share, compared with $1,434 million, or $6.29 per share, in 2023, and the company repurchased $611 million of its shares.

Key points

  • Q4 2024 net income was $187 million, or $0.86 per share, versus $446 million, or $1.99 per share, in Q4 2023
  • CNA pension settlement charge of $265 million after tax and noncontrolling interests, previously reported in October 2024
  • Full-year 2024 net income was $1,414 million, or $6.41 per share, versus $1,434 million, or $6.29 per share, in 2023
  • Loews repurchased 7.7 million shares for $611 million in 2024 and an additional 1.9 million shares for $164 million in early 2025

The filing

CompanyLoews (L)
Form8-K, current report
Filed with the SECFeb 10, 2025, 6:11 AM ET
Accession number0000060086-25-000014

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 February 10, 2025.

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.