Investing.com - Genworth reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Genworth announced earnings per share of $0.34 on revenue of $1.88B. Analysts polled by Investing.com anticipated EPS of $0.235 on revenue of $1.98B.
Genworth shares are up 2.72% from the beginning of the year, still down 9.76% from its 52 week high of $4.61 set on November 2, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Genworth shares gained 0.24% 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 July 19, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
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