L - Loews Records Q3 Profit Aided By Strong CNA Financial Business Contribution Despite High Industry Catastrophe Losses | Benzinga
Loews Corp (NYSE: L) reported Q3 FY23 EPS of $1.12, up from $(0.09) loss a year ago.
Net income stood at $253 million vs. net loss of $(22) million in Q3 FY22. The company recorded a charge of $37 million after tax in the third quarter of 2023 related to the termination of a defined benefit plan.
Revenues were $3.93 billion in Q3 FY23 compared to $3.46 billion a year ago.
CNA Financial ...