L Loews Corporation

   By Allison Prang 
 

Loews Corp.'s (L) profit rose in the second quarter, boosted by noncontrolling interests.

Profit was $249 million, up 8.3% from the comparable quarter a year prior. Earnings were 82 cents a share, up from 72 cents a share.

Revenue was $3.62 billion, up 0.9%. Expenses rose 2%.

The company's profit attributable to noncontrolling interests was $24 million, compared with an $18 million loss for the comparable quarter a year earlier.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

August 05, 2019 06:36 ET (10:36 GMT)

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