Earnings Alerts

Loews Corp (L) Earnings: 2Q EPS Rises to $1.87 with 6.7% Revenue Growth and Increased Book Value

  • Loews Corporation reported an earnings per share (EPS) for the second quarter at $1.87, an increase from $1.67 in the same quarter the previous year.
  • The company achieved a revenue of $4.56 billion, marking a 6.7% increase year-over-year.
  • The adjusted book value per share rose to $91.66 from $85.42 compared to last year.
  • No recent analyst activity regarding buying, holding, or selling shares has been reported.

A look at Loews Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Loews Corporation, a diversified holding company engaged in various businesses such as commercial insurance, offshore drilling, natural gas exploration, pipelines, and hospitality, appears to have a promising long-term outlook. With solid scores in value, growth, resilience, and momentum, the company shows strength across multiple key factors. A value score of 4 suggests the company is trading at an attractive price relative to its fundamentals. Additionally, the growth, resilience, and momentum scores indicate a positive trend in the company’s future prospects. While the dividend score is lower, the overall outlook for Loews Corp seems positive based on the Smartkarma Smart Scores.

Despite a moderate dividend score, Loews Corp‘s strong performance in value, growth, resilience, and momentum bodes well for its long-term prospects. The company’s diversified business operations in insurance, drilling, energy production, pipelines, and hospitality provide a solid foundation for growth and stability. Investors looking for a company with a balanced mix of value and growth potential may find Loews Corporation an attractive investment opportunity. The Smartkarma Smart Scores reflect a favorable overall outlook for Loews Corp, highlighting the company’s strength across key factors essential for long-term success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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