WASHINGTON (dpa-AFX) - Loews Corp. (L) announced a profit for its second quarter that increased from the same period last year
The company's earnings totaled $360 million, or $1.58 per share. This compares with $167 million, or $0.68 per share, in last year's second quarter.
The company's revenue for the quarter rose 15.9% to $3.93 billion from $3.39 billion last year.
Loews Corp. earnings at a glance (GAAP) :
-Earnings (Q2): $360 Mln. vs. $167 Mln. last year. -EPS (Q2): $1.58 vs. $0.68 last year. -Revenue (Q2): $3.93 Bln vs. $3.39 Bln last year.
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