Loews Corp Loews Corp [L] has reported $425 million quarterly profit, an increase of $30 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.
Loews reported the quarterly diluted earnings per share (EPS) rose by 8.98 percent to $1.8 from $1.7 in the previous quarter.
Dollars in millions | Sep 30, 2024 | Jun 30, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|
Income Statement |
| Revenue | $4,466.0 | $4,267.0 | $15,901.0 | $3,926.0 |
| Net Income | $425.0 | $395.0 | $1,545.0 | $276.0 |
| Net Cash | $149.0 | $71.0 | -$133.0 | $230.0 |
| Gross Margin | $4,466.0 | $4,267.0 | | |
| Profit as % of Revenues | 1050.82 | 1080.25 | | |
| Profit as % of Assets | 0.96 | 0.93 | 2.00 | 0.36 |
| Profit as % of Stockholder Equity | 2.33 | 2.30 | 9.35 | 1.82 |
| Return on Equity | 2.33 | 2.30 | 9.35 | 1.82 |
| Return on Assets | 0.51 | 0.49 | 1.95 | 0.36 |
| Turnover Ratio | 10.14 | 10.00 | 0.21 | 0.05 |
| EBITA | $457.0 | $435.0 | $0.0 | $0.0 |
Balance Sheet |
| Total Assets | $83,617.0 | $81,057.0 | $79,197.0 | $76,469.0 |
| Total Liabilities | $65,369.0 | $63,856.0 | $62,672.0 | $61,311.0 |
Cash Flow Statement |
| Operating Cash Flow | $2,084.0 | $1,150.0 | $3,907.0 | $3,430.0 |
| Investing Cash Flow | -$2,016.0 | -$1,276.0 | -$2,745.0 | -$2,253.0 |
| Financing Cash Flow | $78.0 | $200.0 | -$1,300.0 | -$947.0 |
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