What's Going On With Insurance Company Loews' Shares Monday?
What's Going On With Insurance Company Loews' Shares Monday?
Loews Corp (NYSE:L) reported first-quarter FY24 net income of $457 million, up 22% Y/Y. EPS of $2.05 was higher than the year-ago figure of $1.61.
洛伊斯公司（紐約證券交易所代碼：L）公佈的24財年第一季度淨收入爲4.57億美元，同比增長22％。每股收益爲2.05美元，高於去年同期的1.61美元。
Revenues were $4.23 billion, higher than $3.78 billion a year ago.
收入爲42.3億美元，高於去年同期的37.8億美元。
CNA Financial Corp (NYSE:CNA) revenue contribution increased to $3.44 billion from $3.15 billion a year ago, and net income rose to $310 million from $268 million a year ago.
CNA金融公司（紐約證券交易所代碼：CNA）的收入貢獻從去年同期的31.5億美元增加到34.4億美元，淨收入從去年同期的2.68億美元增至3.1億美元。
CNA's net income benefited from higher net investment income and favorable net prior-year loss reserve development.
CNA的淨收入得益於更高的淨投資收入和良好的去年淨虧損儲備金的發展。
Boardwalk Pipelines segment's revenues rose to $517 million from $397 million in the year-ago quarter, and net income rose to $121 million from $86 million the prior year.
Boardwalk Pipelines板塊的收入從去年同期的3.97億美元增至5.17億美元，淨收入從去年的8600萬美元增至1.21億美元。
Broadway Pipelines benefitted from higher revenues from re-contracting at higher rates and recently completed growth projects.
百老匯管道受益於以更高的利率進行再承包所帶來的更高收入，以及最近完成的增長項目。
Loews Hotels' revenues rose to $216 million from $192 million a year ago, while net income declined to $16 million from $24 million a year ago owing to lower equity income from joint ventures on decreased overall occupancy rates in Orlando.
洛伊斯酒店的收入從去年同期的1.92億美元增至2.16億美元，而淨收入從去年同期的2400萬美元下降至1,600萬美元，這是由於奧蘭多總體入住率下降導致合資企業的股權收益減少。
As of March-end, the company had $3.2 billion in cash and investments and $1.8 billion in debt.
截至3月底，該公司擁有32億美元的現金和投資以及18億美元的債務。
Loews repurchased 0.9 million shares for $67 million in the quarter. As of the first quarter's end, 222.1 million common shares remained outstanding.
洛伊斯在本季度以6700萬美元的價格回購了90萬股股票。截至第一季度末，2.221億股普通股仍在流通。
Investors can gain exposure to the stock via Absolute Select Value ETF (NYSE:ABEQ) and Democratic Large Cap Core ETF (NASDAQ:DEMZ).
投資者可以通過絕對精選價值ETF（紐約證券交易所代碼：ABEQ）和民主黨大型股核心ETF（納斯達克股票代碼：DEMZ）獲得股票敞口。
Price Action: L shares are up 0.13% at $76.50 premarket at the last check Monday.
價格走勢：週一最後一次盤前，L股上漲0.13％，至76.50美元。
Photo via Shutterstock
照片來自 Shutterstock
譯文內容由第三人軟體翻譯。