FX.co ★ Loews Corp. Q3 Income Advances

In the third quarter, Loews Corp. (L) reported a significant increase in profits compared to the same period last year. The company achieved earnings of $401 million, or $1.82 per share, up from $253 million, or $1.12 per share, in the previous year’s third quarter. Additionally, the company's quarterly revenue saw a notable rise of 13.8%, reaching $4.466 billion, compared to $3.926 billion last year. Key financial highlights for Loews Corp. under GAAP for Q3 include: Earnings of $401 million versus $253 million last year, EPS of $1.82 compared to $1.12 last year, and revenue of $4.466 billion against last year's $3.926 billion.