L · 8-K · 20261102PR000054
Quarterly Earnings Performance
LOEWS CORP · 2026-11-02 · Importance 52 · Surprise 56 · From source text
Loews reported third-quarter 2026 net income attributable to the company of $306 million, down 39.3% from $504 million in the third quarter of 2025, and earnings per share fell to $1.50 from $2.43. CNA net income attributable to Loews declined to $180 million from $371 million, including a $125 million after-tax and noncontrolling-interest impact from CNA’s annual long-term care reserve updates, alongside lower Property and Casualty underlying underwriting results and higher catastrophe losses. Boardwalk Pipelines net income decreased to $85 million from $94 million, while Loews Hotels & Co net income increased to $16 million from a $3 million loss. For the first nine months of 2026, Loews net income was $1.087 billion versus $1.265 billion in 2025, a decline of 14.1%.
Key facts
- Loews Corporation reported third-quarter 2026 net income of $306 million, or $1.50 per share, compared with $504 million, or $2.43 per share, in third-quarter 2025. source
- Loews Corporation’s third-quarter 2026 net income attributable to the company was $306 million, compared with $504 million in third-quarter 2025. source
- For the first nine months of 2026, Loews Corporation reported net income of $1,087 million, or $5.29 per share, compared with $1,265 million, or $6.03 per share, in 2025. source
- Loews Corporation’s net income attributable to the company for the first nine months of 2026 was $1,087 million, compared with $1,265 million in the first nine months of 2025. source
- Loews Corporation’s net income per share was $1.50 in third-quarter 2026 versus $2.43 in third-quarter 2025, and $5.29 for the first nine months of 2026 versus $6.03 in 2025. source
- Loews Corporation’s book value per share was $90.24 as of September 30, 2026, versus $90.71 as of December 31, 2025. source
- Loews Corporation’s book value per share excluding AOCI was $100.67 as of September 30, 2026, versus $95.89 as of December 31, 2025. source
- Loews Corporation’s weighted average shares were 204.57 million in third-quarter 2026 and 207.71 million in third-quarter 2025; for the first nine months, they were 205.46 million and 209.88 million, respectively. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -3.7% | Loews Corporation’s net income attributable to the company for the first nine months of 2026 was $1,087 million, compared with $1,265… |