February 9, 2015 / 11:12 AM / 3 years ago

Loews profit from continuing operations falls 13 pct

Feb 9 (Reuters) - Hotel, energy and financial services conglomerate Loews Corp reported a 13 percent fall in quarterly profit from continuing operations, mainly due to lower investment income.

Income from continuing operations fell to $215 million, or 57 cents per share, in the fourth quarter ended Dec. 31, from $248 million, or 64 cents per share, a year earlier.

Total revenue fell 7 percent to $3.52 billion. (Reporting by Neha Dimri in Bengaluru; Editing by Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below