Home Markets Earnings Estimate Forecast on Loews Corporation(L)

Earnings Estimate Forecast on Loews Corporation(L)


Loews Corporation(L): For the most recent quarter end, Loews Corporation reported Annual Earnings of $0.79. Based on the filings, last years Annual Earnings was, $2.66. For the most recent quarter end, L reported a surprise Earnings per Share of 25.4% . The consensus estimate for current quarter is $0.67 and for the current fiscal year, the estimate is $3.03. For the Next fiscal year, the estimate is $3.2 based on the consensus. New York based Loews Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on May 01, 2017.

Loews Corporation has received $0.67 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.6 while the top line estimate is $0.73 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 124.44%. Loews Corporation reported better than expected with a surprise EPS of 25.4% or $0.16 during its most recent quarterly earnings. The Actual EPS was $0.79 compared to the Estimated EPS of $0.63. According to the corporate earnings calendar, Loews Corporation will release next earnings on May 01, 2017 with an estimated EPS consensus of $0.67. Based on the consensus of stock financial advisors the stock has a price target of $43. Current year estimate on EPS consensus is $3.03.

Loews Corporation last declared its Dividend on Nov 28, 2016. For Dividend Investing Stock Market Traders Loews Corporation has a Dividend Yield of 0.53% with an Annual Dividend of $0.25. It has a Payout Ratio of 0.09 and the change in Dividend payout ratio is -0.01.

Loews Corporation Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.63. The company had revenue of $3338.00 million for the quarter.The companys revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.58 EPS.

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Joseph L Bower (director) sold 23 shares at 46.21 per share price.On Jan 9, 2017, Mark S Schwartz (VP & Chief Accounting Officer) sold 56 shares at 46.59 per share price.On Dec 16, 2016, Kenneth I Siegel (Senior Vice President) sold 17,008 shares at 47.49 per share price.

Wednesdays trading session turned out to be a no-profit no-loss event for Loews Corporation (NYSE:L). The opening trade occurred at $46.93 and the highest and the lowest points of the day were $47.215 and $46.91 respectively. The final trade was registered at $47.12 and the volume by the end of the day had touched 783,976 shares. The 52-week high of the stock is $48.05 and the 52-week low is $35.79. According to the current valuation, the market cap of the company is $15,862 million and the total number of shares available in public circulation is 336,632,470.

Loews is a holding company. Their subsidiaries are engaged in the following lines of business: commercial property and casualty insurance (CNA Financial Corporation); operation of offshore oil and gas drilling rigs (Diamond Offshore Drilling); transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas (Boardwalk Pipeline Partners, LP); and operation of a chain of hotels (Loews Hotels Holding Corporation).



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