Loews: 2Q Earnings Snapshot
NEW YORK (AP) _ Loews Corp. (L) on Monday reported second-quarter profit of $249 million.
The New York-based company said it had net income of 82 cents per share.
The commercial property and casualty insurance company posted revenue of $3.62 billion in the period.
Loews shares have increased 15% since the beginning of the year, while the Standard & Poor’s 500 index has risen 17%. The stock has increased roughly 3% in the last 12 months.