Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.40%
$104.73
0% positive prob.
5-Day Prediction
-1.68%
$103.38
0% positive prob.
20-Day Prediction
-1.19%
$103.90
0% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q1 2026 | SELL | -0.40% | -1.68% | -1.19% | 100.0% | Pending |
| Q4 2025 | SELL | -0.31% | -1.95% | -1.11% | 99.8% | -0.37% |
SEC 8-K filings with transcript text
May 4, 2026 · 100% conf.
1D
-0.40%
$104.73
5D
-1.68%
$103.38
20D
-1.19%
$103.90
2 exhibit991-q12026.htm
Document
Exhibit 99.1
New York, NY, May 4, 2026: Loews Corporation (NYSE: L) today released its first quarter 2026 financial results.
First Quarter 2026 highlights:
Loews Corporation reported net income of $337 million, or $1.63 per share, in the first quarter of 2026, compared to $370 million, or $1.74 per share, in the first quarter of 2025. The following are key highlights of our first quarter results:
•CNA Financial Corporation’s (NYSE: CNA) net income attributable to Loews Corporation decreased year-over-year primarily due to lower underlying underwriting results and unfavorable net prior year loss reserve development, partially offset by higher net investment income.
•Boardwalk Pipelines’ net income increased year-over-year primarily due to higher contracting rates and utilization-based revenues on gas transportation, as well as higher rates on storage, parking and lending.
•Loews Hotels’ net income increased year-over-year primarily due to higher equity income from joint ventures, driven mainly by the Universal Orlando Resort joint ventures.
•Corporate segment results decreased year-over-year primarily due to lower investment income from the parent company trading portfolio and higher interest expense.
•Book value per share increased to $90.90 as of March 31, 2026, from $90.71 as of December 31, 2025.
•Book value per share, excluding AOCI, increased to $97.20 as of March 31, 2026, from $95.89 as of December 31, 2025.
•On March 31, 2026, the parent company had $4.5 billion of cash and investments and $1.8 billion of debt.
•Loews Corporation repurchased 0.3 million shares of its common stock during the first quarter of 2026 for a total cost of $31 million.
Consolidated highlights:
Three Months Ended March 31,
(In millions)20262025
Net Income (Loss) Attributable to Loews Corporation:
CNA Financial$194 $252
Boardwalk Pipelines159 152
Loews Hotels & Co26 —
Corporate(42)(34)
Net income attributable to Loews Corporation$337 $370
Net income per share attributable to Loews Corporation$1.63 $1.74
March 31, 2026December 31, 2025
Book value per share$90.90 $90.71
Book value per share excluding AOCI$97.20 $95.89
Shares of common stock outstanding (in millions)205.8 206.0
Page 1 of 7
Three months ended March 31, 2026 compared to 2025
•Net income attributable to Loews Corporation was $194 million compared to $252 million.
•Core income decreased to $225 million compared to $281 million, driven by lower underlying underwriting results and unfavorable net prior year loss reserve development, partially offset by higher net investment income.
•Net earned premiums grew by 3% and net written premiums grew by 1%.
•Property and Casualty’s combined ratio increased by 3.8 points to 102.2% compared to 98.4% largely due to a higher underlying loss ratio and unfavorable net prior year loss reserve development. Property and Casualty’s underlying combined ratio increased to 94.5% from 92.1%.
•Property and Casualty’s underlying loss ratio increased by 2.6 points, mainly driven by higher loss cost trends and lower than expected rate in certain lines in recent quarters.
•Property and Casualty’s unfavorable net prior year loss reserve development increased from $61 million to $100 million mainly driven by professional errors & omissions and excess casualty in recent accident years.
•Net investment income increased due to higher income from fixed income securities, as a result of a larger invested asset base and favorable reinvestment rates, partially offset by lower common stock returns.
Boardwalk:
•Net income increased to $159 million compared to $152 million.
•EBITDA increased to $360 million compared to $346 million.
•Net income and EBITDA improved due to higher contracting rates and utilization-based revenues on gas transportation as well as higher rates on storage, parking and lending, partially offset by lower product sales and higher operating expenses.
Loews Hotels:
•Net income increased to $26 million compared to less than $1 million.
•Adjusted EBITDA increased 53% to $124 million compared to $81 million.
•Net income and adjusted EBITDA improved primarily due to higher equity income from joint ventures driven by growth in the overall average daily rate and an increase in both the number of available and the number of occupied room nights at the Universal Orlando Resort, including the addition of the three new hotels that opened in 2025.
Corporate:
•Net loss of $42 million compared to a net loss of $34 million.
•Results decreased primarily due to lower investment income from the parent company trading portfolio and higher interest expense related to recent debt refinancing.
Page 2 of 7
Share Purchases:
•On March 31, 2026, there were 205.8 million shares of Loews common stock outstanding.
•During the three months ended March 31, 2026,
Feb 9, 2026 · 100% conf.
1D
-0.31%
$110.56
Act: -0.85%
5D
-1.95%
$108.74
Act: -0.37%
20D
-1.11%
$109.67
l-202602090000060086FALSE00000600862026-02-092026-02-09
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 9, 2026
(Exact name of registrant as specified in its charter)
Delaware1-6541 13-2646102 (State or other jurisdiction of incorporation)(Commission File Number) (I.R.S. Employer Identification No.)
9 West 57th Street, New York, NY 10019-2714 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (212) 521-2000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered Common stock, $0.01 par valueLNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
1
Item 2.02 Results of Operations and Financial Condition.
On February 9, 2026, Loews Corporation issued a press release and posted on its website (www.loews.com) earnings remarks providing information on its results of operations for the fourth quarter of 2025. The press release is furnished as Exhibit 99.1 and the earnings remarks are furnished as Exhibit 99.2 to this Form 8-K.
The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits:
See Exhibit Index. 2
Exhibit No.Description
99.1 Loews Corporation press release, issued February 9, 2026, providing information on its results of operations for the fourth quarter of 2025.
99.2 Loews Corporation earnings remarks, posted on its website February 9, 2026, providing information on its results of operations for the fourth quarter of 2025.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Dated: February 9, 2026 By:/s/ Marc A. Alpert Marc A. Alpert Senior Vice President, General Counsel and Secretary
4
Nov 3, 2025
l-202511030000060086FALSE00000600862025-11-032025-11-03
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November 3, 2025
(Exact name of registrant as specified in its charter)
Delaware1-6541 13-2646102 (State or other jurisdiction of incorporation)(Commission File Number) (I.R.S. Employer Identification No.)
9 West 57th Street, New York, NY 10019-2714 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (212) 521-2000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered Common stock, $0.01 par valueLNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
1
Item 2.02 Results of Operations and Financial Condition.
On November 3, 2025, Loews Corporation issued a press release and posted on its website (www.loews.com) earnings remarks providing information on its results of operations for the third quarter of 2025. The press release is furnished as Exhibit 99.1 and the earnings remarks are furnished as Exhibit 99.2 to this Form 8-K.
The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information under Item 2.02 and in Exhibits 99.1 and 99.2 in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits:
See Exhibit Index. 2
Exhibit No.Description
99.1 Loews Corporation press release, issued November 3, 2025, providing information on its results of operations for the third quarter of 2025.
99.2 Loews Corporation earnings remarks, posted on its website November 3, 2025, providing information on its results of operations for the third quarter of 2025.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Dated: November 3, 2025 By:/s/ Marc A. Alpert Marc A. Alpert Senior Vice President, General Counsel and Secretary
4
This page provides Loews Corporation (L) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on L's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.