Loews (L) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the reported quarter compared to the immediately preceding quarter. However, it increased relative to the same period one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the reported quarter compared to the immediately preceding quarter. However, it increased relative to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$537M
Revenue reported for this quarter.
Quarter-over-quarter
-2.7%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $567M | +16.4% |
| Mar 31, 2023 | $571M | +10.7% |
| Jun 30, 2023 | $552M | +9.3% |
| Sep 30, 2023 | $537M | +7.4% |
Revenue performance
The company reported a decrease in revenue for the latest quarter.
Quarterly comparison
The sequential decline contrasts with the year-over-year improvement.
What to watch
Monitor whether the sequential revenue trend reverses in upcoming quarters.