NEW YORK (TheStreet) -- Shares of Loews (L) - Get Report  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 publicly-traded subsidiaries, CAN Financial (CNA), Diamond Offshore Drilling (DO) and Boardwalk Pipeline Partners (BWP). The company also operates Loews Hotels & Resorts.

For subsidiary Diamond Offshore, lower contract drilling revenues, reduced exploration and production budgets and new rig deliveries have been weighing on the company's stock, which may impact Loews quarterly results, Zacks reports.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of B.

The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

You can view the full analysis from the report here: L

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