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UPDATE: Loews Posts Q4 Loss

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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

 

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