Loews Corp. Reveals Advance In Q2 Profit

Loews Corp. (L) revealed a profit for its second quarter that increased from last year

The company's earnings totaled $369 million, or $1.67 per share. This compares with $360 million, or $1.58 per share, in last year's second quarter.

The company's revenue for the quarter rose 8.5% to $4.267 billion from $3.934 billion last year.

Loews Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $369 Mln. vs. $360 Mln. last year.
-EPS (Q2): $1.67 vs. $1.58 last year.
-Revenue (Q2): $4.267 Bln vs. $3.934 Bln last year.

by RTTNews Staff Writer

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