Market Overview

UPDATE: Loews Posts Q4 Loss

Related L
Ronald Woll Appointed SVP And Chief Commercial Officer Of Diamond Offshore Drilling, Inc.
Loews Hotels & Resorts Purchases The InterContinental Chicago O'Hare Hotel - No Terms Disclosed
TravelClick Changing Hands (Fox Business)

Loews (NYSE: L) posted a loss in the fourth quarter.

Loews posted a quarterly loss of $32 million, or $0.08 per share, versus a year-ago profit of $271 million, or $0.68 per share.

Its revenue climbed 4.5% to $3.71 billion, while revenue from insurance premiums gained 7.4% to $1.78 billion.

Loews shares closed at $43.85 on Friday.

Posted-In: lossEarnings News


Most Popular

Related Articles (L)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters