RTTNews | Nov 1, 2021 06:03AM EDT

06:02 Monday, November 1, 2021 (RTTNews.com) - Loews Corp. (L) announced a profit for its third quarter that rose from last year.

The company's profit came in at $220 million, or $0.85 per share. This compares with $139 million, or $0.50 per share, in last year's third quarter.

The company's revenue for the quarter fell 2.9% to $3.37 billion from $3.47 billion last year.

Loews Corp. earnings at a glance:

-Earnings (Q3): $220 Mln. vs. $139 Mln. last year.-EPS (Q3): $0.85 vs. $0.50 last year.-Revenue (Q3): $3.37 Bln vs. $3.47 Bln last year.

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