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    Loews Corp (L)

    Q1 2024 Earnings Summary

    Reported on Jan 4, 2025 (Before Market Open)
    Pre-Earnings Price$77.54Open (May 6, 2024)
    Post-Earnings Price$77.54Open (May 6, 2024)
    Price Change
    $0.00(0.00%)
    • Strong Financial Performance in Q1 2024: Loews reported net income of $457 million or $2.05 per share, representing a more-than-20% year-over-year increase from $375 million or $1.61 per share in Q1 2023.
    • Growth in Key Subsidiaries:
    • Strategic Expansion in Loews Hotels: The company opened the 888-room Loews Arlington Hotel, which has already attracted substantial group business. Additionally, construction continues on three new hotels in Orlando with a combined 2,000 rooms, expected to open in early 2025, enhancing future growth prospects.