August 2, 2010 6:41 AM | 1 min read |
New York city based Loews Corporation (NYSE: L) released financial results on Monday morning that beat Wall Street earnings estimates, while missing revenue expectations.Loews Corporation (L) announced that its 2nd quarter net income rose to $366 million, or 87 cents per share, up from $340 million, or 78 cents per share, a year earlier.The company's revenue came in at $3.49 billion, down from $3.53 billion a year earlier.According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 82 cents per share, on revenue of $3.62 billion.Loews Corporation ended the previous trading day at $37.15 per share. The consensus price target of analysts covering the company's stock is $40 per share.Read more
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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