Loews Stock (NYSE:L) Testing $100 Ahead of Earnings

Loews Corporation (NYSE: L) is approaching a critical juncture as it hovers near the $100 mark ahead of its third-quarter 2025 earnings release scheduled for today.

Loews' second-quarter 2025 performance offers some insight. The company reported diluted earnings per share (EPS) of $4.27, with revenue of $2.4billion.

However, the trailing twelve months (TTM) EPS as of June 30th, paints a slightly different picture, showing a 7.61% year-over-year decline. This discrepancy highlights the complexity of Loews' financial performance and the challenges in maintaining consistent growth across its diverse portfolio.

A deeper dive into Loews' subsidiaries reveals a mixed bag. Boardwalk Pipelines has been a consistent bright spot, with improved net income driven by higher re-contracting rates and completed growth projects. However, CNA Financial Corporation, a key component of Loews' portfolio, experienced a decrease in net income due to unfavorable net prior year loss reserve development and higher investment losses.

Loews Hotels also reported lower net income, primarily due to increased expenses related to new hotel openings and higher interest expenses. These divergent performances underscore the importance of a diversified portfolio but also highlight the vulnerability of Loews to sector-specific headwinds.

If Loews can demonstrate even modest growth in its upcoming earnings report, the stock could easily break through the $100 barrier and continue its upward trajectory. This contrarian view hinges on the belief that Loews is more than the sum of its parts and that its diversified business model provides a distinct competitive advantage.