Loews Q3 Results: CNA Weakness, Hotel Growth and Pipeline Headwinds
Loews reported third-quarter EPS of $1.50, down from $2.43 a year ago, as net income fell to $306 million following a $125 million CNA reserve charge.
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Why It Matters
Loews made less money this quarter than last year. One part of the company called CNA had problems, so watch whether that part can get stronger soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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