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 after 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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