Loews Corp. (L) has announced a notable increase in profit for its second quarter compared to the same period last year. The company's earnings amounted to $369 million, or $1.67 per share, up from $360 million, or $1.58 per share, recorded in the previous year's second quarter.
Additionally, the company's revenue for the quarter saw an 8.5% rise, reaching $4.267 billion, compared to $3.934 billion in the previous year.
Here is a summary of Loews Corp.'s earnings (GAAP) for Q2:
- **Earnings (Q2):** $369 million versus $360 million last year.
- **EPS (Q2):** $1.67 per share compared to $1.58 per share last year.
- **Revenue (Q2):** $4.267 billion compared to $3.934 billion last year.
