Equities analysts expect that Loews Co. (NYSE:L) will post earnings of $0.78 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Loews’ earnings, with the lowest EPS estimate coming in at $0.74 and the highest estimate coming in at $0.81. Loews reported earnings of $0.57 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 36.8%. The firm is expected to report its next earnings results before the market opens on Monday, February 8th.

On average, analysts expect that Loews will report full year earnings of $2.65 per share for the current fiscal year. For the next financial year, analysts expect that the company will post earnings of $2.84 per share, with EPS estimates ranging from $2.70 to $2.95. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Loews.

Loews (NYSE:L) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.59 by $0.09. The business earned $317 million during the quarter, compared to analyst estimates of $3.52 million. During the same period in the previous year, the company earned $0.47 EPS. Loews’s quarterly revenue was down 10.0% compared to the same quarter last year.

Loews (NYSE:L) traded down 1.7645% during trading on Tuesday, reaching $36.3275. The company’s stock had a trading volume of 402,341 shares. The stock has a 50-day moving average of $36.59 and a 200 day moving average of $36.98. The firm has a market capitalization of $12.87 billion and a P/E ratio of 20.1149. Loews has a one year low of $34.08 and a one year high of $42.78.

A number of equities analysts have commented on L shares. Zacks Investment Research raised Loews from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 10th. Deutsche Bank reduced their target price on Loews from $44.00 to $42.00 and set a “hold” rating for the company in a report on Friday, November 6th. Finally, TheStreet cut Loews from a “buy” rating to a “hold” rating in a report on Wednesday, January 20th.

In related news, insider Andrew H. Tisch sold 85,880 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $37.43, for a total value of $3,214,488.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jonathan M. Tisch sold 4,388 shares of the stock in a transaction that occurred on Monday, January 4th. The shares were sold at an average price of $37.43, for a total value of $164,242.84. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have modified their holdings of L. Natixis Asset Management raised its position in shares of Loews by 1.0% in the third quarter. Natixis Asset Management now owns 13,509 shares of the company’s stock valued at $488,000 after buying an additional 136 shares during the last quarter. Candriam Luxembourg S.C.A. raised its position in shares of Loews by 17.7% in the fourth quarter. Candriam Luxembourg S.C.A. now owns 15,750 shares of the company’s stock valued at $605,000 after buying an additional 2,368 shares during the last quarter. Sentry Investment Management raised its position in shares of Loews by 44.4% in the fourth quarter. Sentry Investment Management now owns 20,838 shares of the company’s stock valued at $800,000 after buying an additional 6,406 shares during the last quarter. DNB Asset Management raised its position in shares of Loews by 7.1% in the fourth quarter. DNB Asset Management now owns 28,693 shares of the company’s stock valued at $1,101,811 after buying an additional 1,900 shares during the last quarter. Finally, Denali Advisors acquired a new position in shares of Loews during the fourth quarter valued at $1,110,000.

Loews Corporation is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas, and operation of a chain of hotels. The Company’s subsidiaries include CNA Financial Corporation (NYSE:L); Diamond Offshore Drilling, Inc. (Diamond Offshore); Boardwalk Pipeline Partners, LP (Boardwalk Pipeline), and Loews Hotels Holding Corporation (Loews Hotels). CNA’s insurance products primarily include commercial property and casualty coverages, including surety. Diamond Offshore is engaged in the business of operating drilling rigs. Boardwalk Pipeline is engaged in natural gas and natural gas liquids transportation and storage and natural gas gathering and processing. The subsidiaries of Loews Hotels Holding Corporation operate a chain of 21 hotels.

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