Genworth Financial (GNW) Scheduled to Post Quarterly Earnings on Wednesday

Genworth Financial (NYSE:GNW) will announce its earnings results after the market closes on Wednesday, May 1st. Individual interested in participating in the company’s earnings conference call can do so using this link.

Genworth Financial (NYSE:GNW) last announced its quarterly earnings results on Wednesday, February 21st. The financial services provider reported ($0.51) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.70). The company had revenue of $1.91 billion for the quarter. Genworth Financial had a negative return on equity of 0.23% and a net margin of 0.21%. During the same quarter in the prior year, the company earned $0.35 earnings per share.

Genworth Financial Price Performance

Shares of GNW opened at $6.09 on Wednesday. Genworth Financial has a fifty-two week low of $4.51 and a fifty-two week high of $6.93. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.30 and a current ratio of 0.30. The company has a market capitalization of $2.67 billion, a P/E ratio of -608,500.00 and a beta of 1.06. The business’s 50-day moving average is $6.19 and its two-hundred day moving average is $6.18.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised their target price on shares of Genworth Financial from $6.50 to $7.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 10th.

Genworth Financial Company Profile

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.