Loews Q2 2026 net income rises 13.6% to $444 million
Loews earned $444 million, or $2.16 a share, in the second quarter of 2026, up from $391 million a year earlier, with all three operating segments posting higher net income. The catch: the gain came from insurance investment income and a hotel rebound, not better underwriting, as CNA's combined ratio worsened by 2.4 points and core income slipped to $324 million. Read the rest with that split in mind.
1 · Expected vs. Actual
Free preview belowDiluted earnings were $2.16 per share against $1.87 a year ago, a 15.5% increase, on $444 million of net income versus $391 million. The six-month picture is flatter, with $3.79 per share versus $3.61, up 5.0%, because the first quarter was weaker and posted negative $132 million of free cash flow. Repurchases also helped the per-share math, with the weighted average share count down to 205.57 million from 209.36 million.
Total revenues came in at $4.734 billion, up 3.9% from $4.555 billion a year ago. CNA supplied $3.829 billion of that, or 80.9%, so this is an insurance story first. One data flag to ignore: the structured revenue field shows $828 million, which conflicts with the $4.734 billion printed in the release and with the segment table that adds up to it.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.