Genworth Posts 3Q Profit

RICHMOND, Va. (AP) _ Genworth Financial Inc. (GNW) on Thursday reported third-quarter net income of $107 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Richmond, Virginia-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring gains, came to 15 cents per share.

The financial services company posted revenue of $2.22 billion in the period. Its adjusted revenue was $2.13 billion.

In the final minutes of trading on Thursday, the company's shares hit $3.38. A year ago, they were trading at $4.19.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on GNW at http://ift.tt/2kHEH6e

The post Genworth Posts 3Q Profit appeared first on InsuranceNewsNet.

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