Loews Q4 net income rises, driven by investment income

Loews

09/02/2026 11:08

Overview

Diversified conglomerate's Q4 net income rose significantly yr/yr, driven by higher investment income and as YR-ago included CNA Financial pension settlement charge

Company repurchased 8.9 mln shares in 2025 for $782 mln

Boardwalk Pipelines and Loews Hotels net income decreased due to non-recurring tax benefits and asset impairments

Outlook

Loews did not provide specific guidance for future quarters or years

Result Drivers

CNA FINANCIAL - Net income impacted by non-economic charge related to asbestos and environmental pollution, offset by higher investment income

BOARDWALK PIPELINES - Net income decreased due to non-recurrence of a $36 mln tax benefit from 2024

LOEWS HOTELS - Net income decreased due to a $20 mln asset impairment charge for hotel replacement

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$4.73 bln
Q4 EPS
$1.94
Q4 Net Income Attributable
$402 mln


Press Release: ID:nPn13j7Gfa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)