Loews Full Year 2024 Earnings: EPS: US$6.41 (vs US$6.30 in FY 2023)

Loews (NYSE:L) Full Year 2024 Results

Key Financial Results

• Revenue: US$17.5b (up 10% from FY 2023).
• Net income: US$1.41b (down 1.4% from FY 2023).
• Profit margin: 8.1% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$6.41.

L Profitability Indicators

• Combined ratio: 94.9% (up from 93.5% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the CNA Financial segment contributing a total revenue of US$14.3b (81% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$7.90b (94% of total expenses). Explore how L's revenue and expenses shape its earnings.

Loews shares are down 1.0% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Loews.

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