Genworth Financial Inc. Reports Retreat In Q1 Bottom Line

Genworth Financial Inc. (GNW) reported earnings for first quarter that decreased from the same period last year

The company's bottom line totaled $149 million, or $0.29 per share. This compares with $187 million, or $0.37 per share, in last year's first quarter.

Excluding items, Genworth Financial Inc. reported adjusted earnings of $131 million or $0.25 per share for the period.

The company's revenue for the quarter fell 5.0% to $1.89 billion from $1.99 billion last year.

Genworth Financial Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $149 Mln. vs. $187 Mln. last year.
-EPS (Q1): $0.29 vs. $0.37 last year.
-Revenue (Q1): $1.89 Bln vs. $1.99 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT