Investing.com - Genworth reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Genworth announced earnings per share of $0.26 on revenue of $2.42B. Analysts polled by Investing.com anticipated EPS of $0.1 on revenue of $1.97B.
Genworth shares are down 6.82% from the beginning of the year, still down 16.84% from its 52 week high of $4.93 set on December 17, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Genworth shares gained 4.88% in after-hours trade following the report.
Genworth follows other major Financial sector earnings this month
Genworth's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.
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