Diversified holding company Loews' Q3 net income up 26%

Reuters
2025/11/03
Diversified holding company Loews' Q3 net income up 26%

Overview

  • Loews Q3 net income rises 26% yr/yr to $504 mln

  • CNA Financial's net income up 43% yr/yr due to improved underwriting

  • Loews repurchased 0.6 mln shares for $56 mln in Q3

Outlook

  • Company did not provide specific financial guidance for future periods

Result Drivers

  • CNA FINANCIAL - Net income increased 43% yr/yr due to improved underwriting and lower catastrophe losses

  • BOARDWALK PIPELINES - Net income rose 22% yr/yr from higher re-contracting rates and growth projects

  • LOEWS HOTELS - Results improved due to higher equity income from Universal Orlando Resort joint ventures

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 REVENUE

$4.67 bln

Q3 EPS

$2.43

Q3 Net Income Attributable

$504 mln

Press Release: ID:nPn6vMp0na

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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