Investing.com - Genworth reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Genworth announced earnings per share of $-0.04 on revenue of $2.14B. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $1.98B.
Genworth shares are down 51.14% from the beginning of the year and are trading at $2.02 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Genworth shares lost 6.05% in after-hours trade the report.
Genworth follows other major Financial sector earnings this month
Genworth's report follows an earnings beat by JPMorgan on Tuesday, July 14, 2020, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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