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Tuesday, August 2, 2016

=Genworth Financial (GNW) reported earnings on Tue 2 Aug 2016 (a/h)





 Genworth Financial beats by $0.19, beats on revs :
  • Reports Q2 (Jun) earnings of $0.39 per share, $0.19 better than the Capital IQ Consensus of $0.20; revenues rose 3.7% year/year to $2.24 bln vs the $2.15 bln Capital IQ Consensus.
    • "We also achieved our cash expense reduction target and remain on track to complete the repatriation of our Bermuda subsidiary in the fourth quarter."
  • Book Value per Share is $30.37 compared to $27.52 in prior year period.

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