Loews Corp. Reports Decline In Q4 Income

Loews Corp. (L) released a profit for fourth quarter that decreased from last year

The company's earnings totaled $187 million, or $0.86 per share. This compares with $446 million, or $1.99 per share, last year.

The company's revenue for the period rose 6.8% to $4.546 billion from $4.258 billion last year.

Loews Corp. earnings at a glance (GAAP) :

-Earnings: $187 Mln. vs. $446 Mln. last year.
-EPS: $0.86 vs. $1.99 last year.
-Revenue: $4.546 Bln vs. $4.258 Bln last year.

by RTTNews Staff Writer

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