7/106 sources · 5 publishersUpdated Nov 2, 13:03 UTC
Loews Corp reports Q3 2026 net income of $306 million, EPS $1.50 and $167 million share buyback
Loews Corporation announced third‑quarter 2026 results showing net income of $306 million, or $1.50 per share, down from $504 million a year earlier. Revenue was $4.76 billion, a 1.9% year‑over‑year increase. The company repurchased 1.6 million shares for $167 million and reported book value of $90.24 per share with $4.4 billion of cash and $1.8 billion of debt at quarter‑end.
Why it matters
The earnings decline signals weaker profitability for the quarter, while the share repurchase returns capital to shareholders. The cash balance and debt level indicate the company’s liquidity position for future operations.
Key facts
- 1Net income was $306 million, or $1.50 per share, for Q3 2026. prnewswire.com
- 2Revenue for the quarter was $4.76 billion, up 1.9% year‑over‑year. seekingalpha.com
- 3Loews repurchased 1.6 million shares for a total cost of $167 million. prnewswire.com
- 4Book value per share decreased to $90.24 as of September 30 2026. prnewswire.com
- 5Cash and investments totaled $4.4 billion and debt was $1.8 billion at quarter‑end. prnewswire.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.