Overview
Diversified conglomerate's Q4 net income rose significantly yr/yr, driven by higher investment income and as YR-ago included CNA Financial pension settlement charge
Company repurchased 8.9 mln shares in 2025 for $782 mln
Boardwalk Pipelines and Loews Hotels net income decreased due to non-recurring tax benefits and asset impairments
Outlook
Loews did not provide specific guidance for future quarters or years
Result Drivers
CNA FINANCIAL - Net income impacted by non-economic charge related to asbestos and environmental pollution, offset by higher investment income
BOARDWALK PIPELINES - Net income decreased due to non-recurrence of a $36 mln tax benefit from 2024
LOEWS HOTELS - Net income decreased due to a $20 mln asset impairment charge for hotel replacement
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | $4.73 bln | ||
Q4 EPS | $1.94 | ||
Q4 Net Income Attributable | $402 mln |
Press Release: ID:nPn13j7Gfa
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(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.)