Genworth Financial (GNW) Tops Q1 EPS by 15c

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Go back to Genworth Financial (GNW) Tops Q1 EPS by 15c

Genworth Financial Announces First Quarter 2021 Results

April 29, 2021 4:45 PM EDT

RICHMOND, Va., April 29, 2021 /PRNewswire/ --

First Quarter Net Income Of $187 Million And Adjusted Operating Income Of $168 Million

Executing On The Company's Strategic Plan Following The Termination Of The Merger Agreement With China Oceanwide Holdings Group Co., Ltd (Oceanwide) Completed Sale Of Genworth's Interest In Genworth Mortgage Insurance Australia Limited (Genworth Australia) During The Quarter, Resulting In Net Proceeds Of $123 Million After $247 Million Payment To AXA S.A. (AXA) Under The Outstanding Promissory Note Continued Progress On Planned Partial Initial Public Offering (IPO) Of U.S. Mortgage Insurance... More