Loews Corp. Bottom Line Falls In Q1

Loews Corp. (L) reported earnings for first quarter that decreased from the same period last year

The company's earnings came in at $370 million, or $1.74 per share. This compares with $457 million, or $2.05 per share, last year.

The company's revenue for the period rose 6.2% to $4.494 billion from $4.231 billion last year.

Loews Corp. earnings at a glance (GAAP) :

-Earnings: $370 Mln. vs. $457 Mln. last year.
-EPS: $1.74 vs. $2.05 last year.
-Revenue: $4.494 Bln vs. $4.231 Bln last year.

by RTTNews Staff Writer

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