Genworth Financial Inc (NYSE:GNW) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.07 per share.
For the full year, analysts predict revenues of $ 7966.97 million, while looking forward to loss of $ 0.43 per share.
Previous Quarter Performance
Genworth Financial Inc communicated loss for the second quarter of $ 0.04 per share, from the revenue of $ 2,138.00 million. The quarterly revenues gained 0.83 percent compared with the same quarter last year. According to street consensus, GNW was expected to report 2Q20 income of $ 0.03 per share from revenue of $ 1979.90 million. The bottom line results missed street analysts by $ 0.07 or 233.33 percent, at the same time, top line results outshined analysts by $ 158.10 million or 7.99 percent.
Stock Performance
Shares of Genworth Financial Inc traded up $ 0.03 or 0.74 percent on Tuesday, reaching $ 4.10 with volume of 3.51 million shares. Genworth Financial Inc has traded high as $ 4.11 and has cracked $ 4.01 on the downward trend
According to the previous trading day, closing price of $ 4.10, representing a 117.65 % increase from the 52 week low of $ 1.87 and a 17.44 % decrease over the 52 week high of $ 4.93.
The company has a market capital of $ 2.07 billion and is part of the Financial Services sector and Insurance – Life industry.
Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S.
