Genworth Financial Inc. Q1 adjusted earnings Miss Estimates

(RTTNews) - Genworth Financial Inc. (GNW) reported earnings for its first quarter that rose from the same period last year.

The company's profit totaled $174 million, or $0.34 per share. This compares with $112 million, or $0.22 per share, in last year's first quarter.

Excluding items, Genworth Financial Inc. reported adjusted earnings of $121 million or $0.24 per share for the period.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Genworth Financial Inc. earnings at a glance:

-Earnings (Q1): $121 Mln. vs. $125 Mln. last year. -EPS (Q1): $0.24 vs. $0.25 last year. -Analysts Estimate: $0.30