Market Overview

UPDATE: Loews Posts Q4 Loss

Share:
Related L
A Peek Into The Markets: U.S. Stock Futures Mostly Flat; Hasbro Q4 Profit Beats Views
8 Must Watch Stocks for February 6, 2017

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

 

Related Articles (L)

View Comments and Join the Discussion!