Genworth Financial Inc. Reveals Fall In Q3 Earnings

(RTTNews) - Genworth Financial Inc. (GNW) reported a profit for third quarter that decreased from last year.

The company's profit totaled $314 million, or $0.61 per share. This compares with $418 million, or $0.82 per share, in last year's third quarter.

Excluding items, Genworth Financial Inc. reported adjusted earnings of $239 million or $0.46 per share for the period.

The company's revenue for the quarter fell 10.8% to $2.07 billion from $2.32 billion last year.

Genworth Financial Inc. earnings at a glance:

-Earnings (Q3): $239 Mln. vs. $125 Mln. last year. -EPS (Q3): $0.46 vs. $0.25 last year. -Revenue (Q3): $2.07 Bln vs. $2.32 Bln last year.