Genworth Financial Inc - Class A logo

GNW

Genworth Financial Inc - Class A

$4.37

Earnings Summary

Revenue
$1881Mn
Net Profits
$181Mn
Net Profit Margins
9.62%
PE Ratio
2.74

Highlights

Revenue:

Genworth Financial Inc - Class A’s revenue fell -4.81% since last year same period to $1881Mn in the Q2 2022. On a quarterly growth basis, Genworth Financial Inc - Class A has generated 1.29% jump in its revenue since last 3-months.

Net Profits:

Genworth Financial Inc - Class A’s net profit fell -24.58% since last year same period to $181Mn in the Q2 2022. On a quarterly growth basis, Genworth Financial Inc - Class A has generated 21.48% jump in its net profits since last 3-months.

Net Profit Margins:

Genworth Financial Inc - Class A’s net profit margin fell -20.77% since last year same period to 9.62% in the Q2 2022. On a quarterly growth basis, Genworth Financial Inc - Class A has generated 19.93% jump in its net profit margins since last 3-months.

PE Ratio:

Genworth Financial Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 2.74.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Genworth Financial Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.28
EPS Estimate Current Year
0.28

Highlights

EPS Estimate Current Quarter:

Genworth Financial Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.28 - a 3.7% jump from last quarter’s estimates.

EPS Estimate Current Year:

Genworth Financial Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.28.

Key Ratios

Key ratios of the Genworth Financial Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
0.35
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.06
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Genworth Financial Inc - Class A’s earning per share (EPS) fell -25.53% since last year same period to 0.35 in the Q2 2022. This indicates that the Genworth Financial Inc - Class A has generated -25.53% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Genworth Financial Inc - Class A’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Genworth Financial Inc - Class A’s return on equity (ROE) stands at 0.06.

Dividend Per Share (DPS):

Genworth Financial Inc - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.27
0.35
29.63%
2022-05-05
0.25
0.29
16%

Company Information

Genworth Financial, Inc. is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871.

Organisation
Genworth Financial Inc - Class A
Headquarters
Richmond, Virginia, US
Employees
3K
Industry
Finance
CEO
Thomas McInerney