A Sneak Peek At Loews Corporation (NYSE:L) 2Q20 Earnings

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Loews Corporation (NYSE:L) is reporting second quarter financial results on Monday 3rd August 2020, before market open.

Previous Quarter Performance

Loews Corporation disclosed loss for the first quarter of $ 0.78 per share, from the revenue of $ 3,099.00 million. The quarterly revenues compared with the same quarter last year. Wall street analysts are predicting revenue of The bottom line results street analysts by $ 0.01 or , at the same time, top line results analysts by $ 21.97 million or .

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of L was $ 36.41, representing a 33.22 % increase from the 52 week low of $ 27.33 and a 35.99 % decrease over the 52 week high of $ 56.88.

The company has a market capital of $ 10.25 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.0625 per share on May 12, 2020. The dividend were payable on June 9, 2020 to holders of record as of the close of business on May 27, 2020 and ex-dividend date on May 26, 2020.

Conference Call

Loews Corporation will be hosting a conference call at 10:00 AM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.loews.com

Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. It operates through CNA Financial Corporation; Diamond Offshore Drilling, Inc.; Boardwalk Pipeline Partners, LP; and Loews Hotels Holding Corporation segments. The company offers specialty insurance products, such as management and professional liability insurance coverages and products; surety and fidelity bonds; and warranty and alternative risk services.