Loews Corporation (NYSE:L) delivered a profit and missed Wall Street’s expectations.
Loews Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 28.74% to $0.62 in the quarter versus EPS of $0.87 in the year-earlier quarter.
Revenue: Decreased 0.27% to $3.73 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Loews Corporation reported adjusted EPS income of $0.62 per share. By that measure, the company missed the mean analyst estimate of $0.84.
Quoting Management: There was no comment from management.
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