Loews: 1Q Earnings Snapshot
Loews: 1Q Earnings Snapshot
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NEW YORK (AP) _ Loews Corp. (L) on Monday reported first-quarter net income of $394 million.
On a per-share basis, the New York-based company said it had profit of $1.27.
The commercial property and casualty insurance company posted revenue of $3.76 billion in the period.
Loews shares have climbed 10% since the beginning of the year, while the Standard & Poor's 500 index has risen 17%. The stock has declined 3% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on L at https://www.zacks.com/ap/L
