GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Genworth Financial Inc. (GNW) on Tuesday reported a loss of $1 million in its fourth quarter.
The Glen Allen, Virginia-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 4 cents per share.
The financial services company posted revenue of $1.78 billion in the period. Its adjusted revenue was $1.82 billion.
For the year, the company reported profit of $299 million, or 68 cents per share. Revenue was reported as $7.28 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNW at https://www.zacks.com/ap/GNW
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.