LoewsCorp Reports Q4 Revenue Up 6.2% and EPS $0.28 Amid Cost Controls (LOE: +1.4%)
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Fourth-quarter revenue at LoewsCorp (LOE) rose 6.2% to $2.12 billion, outpacing analyst expectations. Operating income climbed 22.1% to $304 million, while net income increased to $104 million, driving earnings per share to $0.28, up from $0.25 in the same period. The improvement followed disciplined cost management and a 12.5% decline in same-store sales, reflecting continued pressure from the broader hospitality recovery. The stock closed 1.4% higher on the report.
EditorJack Lee