LOEWS CORPORATION REPORTS NET INCOME OF $187 MILLION FOR THE FOURTH QUARTER OF 2024 AND $1,414 MILLION FOR THE FULL YEAR
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Loews Corporation reported a net income of $187 million for Q4 2024, a significant decrease from $446 million in Q4 2023. The company repurchased 7.7 million common shares in 2024 for $611 million.
February 10, 2025 | 11:15 am
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Loews Corporation's Q4 2024 net income decreased to $187 million from $446 million in Q4 2023. The company repurchased 7.7 million shares for $611 million in 2024.
The significant drop in net income from Q4 2023 to Q4 2024 is likely to negatively impact investor sentiment and the stock price in the short term. However, the share repurchase program may provide some support to the stock price.
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IMPORTANCE 80
RELEVANCE 100