L - Why Insurance Company Loews' Shares Are Rising Premarket Monday | Benzinga
Loews Corp (NYSE:L) shares are trading higher after it reported fourth-quarter FY23 results.
Net income stood at $446 million versus $355 million in the prior year quarter. EPS of $1.99 was higher than the year-ago figure of $1.49.
Revenues were $4.26 billion, higher than $3.79 billion a year ago.
CNA Financial Corp (NYSE:CNA) revenue contribution increased to $3.51 billion from $3.11 billion a year ago, and net income rose to $336 ...