Entering text into the input field will update the search result below

Genworth flies higher after Q2 earnings beat

Aug. 02, 2016 5:14 PM ETGenworth Financial, Inc. (GNW) StockGNWBy: Stephen Alpher, SA News Editor21 Comments
  • Q2 net operating income of $123M or $0.25 per share vs. $119M and $0.24 one year ago.
  • Book value per share (excl. AOCI) of $20.16 vs. $20.87 a year ago. Today's close was $2.75.
  • U.S. MI net operating income of $61M flat from last quarter, up from $49M a year ago.
  • Canada MI NOI of $38M up from $33M in Q1, and $37M a year ago.
  • Australia MI NOI of $15M down from $19M in Q1, and $29M a year ago. Loss ratio of 36% up 10 points sequentially. New delinquencies up 4% Y/Y. Noted is a continued unfavorable experience in the commodity dependent regions of Queensland and Western Australia.
  • U.S. life insurance NOI of $55M down from $91M in Q1 and $57M a year ago. Long-term care NOI of $37M vs. $34M in Q1 and $10M a year ago.
  • CC tomorrow at 7:30 ET
  • Previously: Genworth Financial beats by $0.04, beats on revenue (Aug. 2)
  • GNW +14.55% after hours

Recommended For You

About GNW Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GNW--
Genworth Financial, Inc.