Genworth Financial (GNW) Beats Q1 EPS by 6c

Genworth Financial (NYSE: GNW) reported Q1 Adj. EPS of $, $0.29, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.14 billion.

"Led by U.S. MI, our mortgage insurance platform continues to perform well and we are making progress against our U.S. Life restructuring and LTC rate action plans," said Tom McInerney, President and CEO of Genworth. "Genworth continues to work to complete the pending transaction with Oceanwide and focus on our key financial and operational priorities, including our multi-year LTC rate action plan."

For earnings history and earnings-related data on Genworth Financial (GNW) click here.

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