Investing.com - Genworth reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Genworth announced earnings per share of $0.25 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $0.2427 on revenue of $1.94B.
Genworth shares are down 1.23% from the beginning of the year, still down 13.23% from its 52 week high of $4.61 set on November 2, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Genworth shares lost 1.75% in after-hours trade following the report.
Genworth follows other major Financial sector earnings this month
Genworth's report follows an earnings beat by Berkshire Hathaway A on Monday, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on April 13 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
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