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Loews (L) Stock Down Ahead of Q2 Earnings Report

NEW YORK (TheStreet) -- Shares of Loews (L) are falling 0.36% to $41.04 in midday trade ahead of the company's 2016 second quarter earnings report, due out on Monday before the opening bell.

Analysts surveyed by Thomson Reuters are looking for earnings of 57 cents for the period. For the 2015 second quarter, the company earned 59 cents per share on revenue of $3.44 billion.

Recently, Loews announced a quarterly dividend payable on June 14 of 6 cents per share of common stock.

Loews is a New York-based diversified company operating with three...


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