Strong Net Income Growth
Loews reported net income of $401 million or $1.82 per share for Q3 2024, compared to $253 million or $1.12 per share in Q3 2023, marking a significant increase.
Boardwalk EBITDA Growth
Boardwalk's EBITDA increased by over $100 million to more than $1 billion for the twelve months ending September 30, 2024, compared to $917 million for the same period in 2023.
Successful Legal Outcome for Boardwalk
The Delaware Court of Chancery ruled in favor of Loews regarding the 2018 acquisition of Boardwalk's minority interests, reversing a previous substantial judgment against the company.
CNA Financial Performance
CNA reported net income of $259 million in Q3 2024, up from $235 million in Q3 2023, driven by higher net investment income.
Increase in Book Value Per Share
Book value per share increased from $70.69 at the end of 2023 to $79.28 at the end of Q3 2024, excluding AOCI, it increased to $87.22.