Loews Corporation (NYSE:L) is set to announce third quarter earning results on Monday 2nd November 2020, before market open.
Previous Quarter Performance
Loews Corporation disclosed loss for the second quarter of $ 2.93 per share, from the revenue of $ 2,310.00 million.
Stock Performance
On Friday, shares of Loews Corporation has traded high as $ 34.88 and has cracked $ 34.07 on the downward trend, reaching $ 34.68 with volume of 907.90 thousand shares.
According to the previous trading day, closing price of $ 34.68, representing a 25.21 % increase from the 52 week low of $ 27.33 and a 39.84 % decrease over the 52 week high of $ 56.88.
The company has a market capital of $ 9.56 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.0625 per share on August 4, 2020. The dividend were payable on September 1, 2020 to holders of record as of the close of business on August 19, 2020 and ex-dividend date on August 18, 2020.
Conference Call
Loews Corporation will be hosting a conference call at 10:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 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.
