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Jun 30, 2021
Loews Q2 2021 Earnings Report
Loews reported a net income of $754 million for the second quarter of 2021, compared to a net loss of $835 million for the same period in 2020.
Key Takeaways
Loews Corporation reported a net income of $754 million for Q2 2021, a significant improvement compared to the net loss of $835 million in Q2 2020. The results were driven by strong performance from CNA Financial, increased revenues from Boardwalk Pipelines, and improved results from Loews Hotels & Co.
Loews Corporation reported net income of $754 million, or $2.86 per share, for the second quarter of 2021.
CNA Financial Corporation's performance was a key driver, with lower net catastrophe losses, improved net investment income, and higher underwriting results.
Boardwalk Pipelines contributed positively due to increased revenues from recently completed growth projects.
Loews Hotels & Co posted improved year-over-year results due to the rebound in travel.
Revenue by Segment
Forward Guidance
This document does not contain forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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