L · 10-Q · 2026Q3 · Full report

Quarterly Earnings Performance

LOEWS CORP · 2026-11-02 · Importance 51 · Surprise 38 · From source text

Loews net income attributable to shareholders fell to $306 million, or $1.50 per share, in the third quarter of 2026 from $504 million, or $2.43 per share, a 39% decline. Nine-month net income declined to $1.087 billion from $1.265 billion, a 14% decrease. Third-quarter declines at CNA, Boardwalk Pipelines and Corporate were partly offset by higher Loews Hotels & Co income; lower parent-company trading portfolio investment income reduced Corporate results.

Key facts

• Loews Corporation net income was $306 million, or $1.50 per share, for the three months ended September 30, 2026, compared with $504 million, or $2.43 per share, in 2025. source
• Loews Corporation net income was $1,087 million, or $5.29 per share, for the nine months ended September 30, 2026, compared with $1,265 million, or $6.03 per share, in 2025. source
• Corporate net income attributable to Loews Corporation was $25 million for the three months ended September 30, 2026, compared with $42 million in the comparable 2025 period. source
• Corporate net loss attributable to Loews Corporation was $15 million for the nine months ended September 30, 2026, compared with net income of $9 million in the comparable period. source
• Boardwalk Pipelines recognized a $9 million impairment charge in the third quarter of 2026 related to relocating its Houston corporate headquarters. source
• Loews Corporation's third-quarter 2026 net income decline was primarily driven by lower income at CNA, Boardwalk Pipelines and Corporate, partly offset by higher Loews Hotels & Co income. source

Impact estimates