earnings
confidence high
sentiment negative
materiality 0.70
Genworth Q1 net income $54M ($0.13 EPS) vs $139M YoY; adjusted op income $51M
GENWORTH FINANCIAL INC
2025-Q1 EPS reported
$0.13
revenue$1,786,000,000
- Net income $54M ($0.13 diluted EPS) vs $139M ($0.31) YoY; adjusted operating income $51M ($0.12) vs $85M ($0.19).
- Enact adjusted operating income flat at $137M; quarterly dividend increased to $0.21 from $0.185.
- LTC adjusted operating loss narrowed to $30M from $104M in Q4; liability remeasurement gain $18M.
- Life and Annuities operating loss $33M vs $5M income in Q4; life insurance hit by high mortality.
- Holding company cash $211M; $45M share repurchases in Q1; $110M remaining in authorization.