Loews Company (NYSE: L), a diversified firm with companies in areas like insurance coverage and hospitality, on Monday introduced outcomes for the second quarter of fiscal 22025.
Web earnings elevated to $391 million or $1.87 per share within the second quarter from $369 million or $1.67 per share within the year-ago quarterCNA Monetary‘s web earnings attributable to Loews decreased year-over-year, whereas Boardwalk Pipelines’ web earnings improvedLoews Accommodations’ Q2 revenue decreased year-over-year, primarily because of decrease fairness earnings from joint venturesSecond-quarter revenues rose to $4.56 billion from $4.27 billion within the corresponding quarter a yr earlierBook worth per share moved as much as $84.42 as of June 30, 2025, from $79.49 a yr earlierThe firm had $3.4 billion of money and investments and $1.8 billion of debt as of June 30, 2025Loews repurchased 2.9 million shares in the course of the second quarter of 2025 for a complete price of $251 million
