Genworth Financial's Earnings: A Preview

Genworth Financial's Earnings: A Preview

Genworth Financial GNW is set to give its latest quarterly earnings report on Tuesday, 2022-02-01. Here's what investors need to know before the announcement.

Analysts estimate that Genworth Financial will likely report an Earnings Per Share (EPS) of $0.27.

Genworth Financial bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.22, which was followed by a 4.19% drop in the share price the next day.

Here's a look at Genworth Financial's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.24 0.22 0.18 0.22
EPS Actual 0.46 0.38 0.33 0.34
Price Change % -4.19% -0.88% -1.37% -10.88%

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.24 0.22 0.18 0.22
EPS Actual 0.46 0.38 0.33 0.34
Price Change % -4.19% -0.88% -1.37% -10.88%

Stock Performance

Shares of Genworth Financial were trading at $3.83 as of January 28. Over the last 52-week period, shares are up 16.87%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here

Posted In: BZI-EPEarnings