Genworth Financial Q1 2023 Earnings Report

Genworth Financial EPS Results

• Actual EPS: $0.17
• Consensus EPS: $0.20
• Beat/Miss: Missed by -$0.03
• One Year Ago EPS: $0.29

Genworth Financial Revenue Results

• Actual Revenue: $1.85 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Genworth Financial Announcement Details

• Quarter: Q1 2023
• Date: 5/3/2023
• Time: After Market Closes

Genworth Financial (NYSE:GNW), 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. The Long-Term Care Insurance segment offers long-term care insurance products that are intended to protect against the significant and escalating costs of long-term care services provided in the insured's home, assisted living, and nursing facilities. The Life and Annuities segment provides protection and retirement income products, that includes traditional and non-traditional life insurance, such as term, universal and term universal life insurance, corporate-owned life insurance, and funding agreements; fixed annuities; and variable annuities. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.