Loews Corporation reported a Q3 2025 revenue of $3.919 billion, marking a YoY decline of 10.9% relative to Q3 2024’s $4.399 billion. Despite the top-line softness, net income rose to $504 million, up 25.69% YoY, with quarterly EPS of $2.43, up 32.79% YoY. The margin expansion and bottom-line resilience were aided by a tax benefit of $153 million (income tax expense displayed as -$153 million), contributing meaningfully to profitability during the quarter. On a QoQ basis, net income and EPS increased by 28.90% and 29.95%, respectively, underscoring how Loews’ diversified mix can cushion against near-term revenue headwinds.