Loews Q2 EPS $1.58 Up From $0.73 YoY, Sales $3.93B Up From $3.39B YoY
Portfolio Pulse from Benzinga Newsdesk
Loews Corporation (NYSE:L) reported Q2 earnings of $1.58 per share, a 116.44% increase from $0.73 per share YoY. The company also reported sales of $3.93 billion, a 16.12% increase from $3.39 billion YoY.
July 31, 2023 | 10:01 am
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Loews Corporation reported a significant increase in Q2 earnings and sales YoY.
Loews Corporation reported a significant increase in both earnings per share and sales for Q2 YoY. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100