29.10.2019 22:14:40
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Genworth Financial Inc. Bottom Line Falls In Q3
(RTTNews) - Genworth Financial Inc. (GNW) revealed a profit for third quarter that decreased from last year.
The company's earnings came in at $18 million, or $0.04 per share. This compares with $146 million, or $0.29 per share, in last year's third quarter.
Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.6% to $2.02 billion from $1.95 billion last year.
Genworth Financial Inc. earnings at a glance:
-Earnings (Q3): $18 Mln. vs. $146 Mln. last year. -EPS (Q3): $0.04 vs. $0.29 last year. -Analysts Estimate: $0.30 -Revenue (Q3): $2.02 Bln vs. $1.95 Bln last year.
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