Genworth Financial (NYSE:GNW) Posts Quarterly Earnings Results, Misses Expectations By $0.14 EPS

Posted by Geri Gentry on Feb 20th, 2025

Genworth Financial (NYSE:GNW – Get Free Report) posted its earnings results on Tuesday. The financial services provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.14), RTT News reports. The firm had revenue of $1.82 billion during the quarter. Genworth Financial had a net margin of 4.10% and a return on equity of 2.98%. During the same period in the prior year, the firm earned ($0.51) earnings per share.

Genworth Financial Stock Performance

GNW opened at $6.67 on Thursday. The stock has a market cap of $2.85 billion, a P/E ratio of 9.80 and a beta of 1.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29. The stock’s 50 day simple moving average is $7.11 and its 200 day simple moving average is $7.02. Genworth Financial has a 1-year low of $5.67 and a 1-year high of $7.90.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Genworth Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th.

View Our Latest Report on GNW

About Genworth Financial

(Get Free Report)

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.