RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #CareScout--The cost of long-term care services in New Hampshire increased year-over-year, exceeding national costs.
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #carescout--Genworth and CareScout release Cost of Care Survey results for 2024.
Genworth Financial is undergoing a multi-year turnaround, focusing on improving its long-term care and life insurance business segments. Despite recent earnings disappointments, I remain optimistic about Genworth's long-term prospects, though the turnaround may take longer than initially expected. I have downgraded GNW from Strong Buy to Buy due to concerns about Enact Holdings, which faces challenges from a weakening housing market.
Call Start: 09:00 January 1, 0000 9:33 AM ET Genworth Financial, Inc. (NYSE:GNW ) Q4 2024 Earnings Conference Call February 19, 2024, 09:00 AM ET Company Participants Brian Johnson - SVP, Financial Planning and Analysis Thomas McInerney - President and CEO Jerome Upton - CFO Samir Shah - CEO, CareScout Services Conference Call Participants Ryan Krueger - KBW Operator Good morning, ladies and gentlemen, and welcome to the Genworth Financial's Fourth Quarter 2024 Earnings Conference Call. My name is Katie and I'll be your coordinator today.
Seven Corners Capital, an investment management firm, has published its investor letter for the third quarter of 2024, which you can download here. Their composite portfolio grew by about 14% in Q3 2024, while the S&P 500 rose by roughly 21%, showing a 7% underperformance in the first half of the year. Since 2020, [...]
Genworth Financial, Inc. (NYSE:GNW ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Brian Johnson - SVP, Financial Planning and Analysis Thomas McInerney - President and CEO Jerome Upton - CFO Jamala Arland - President and CEO, U.S. Life Insurance Conference Call Participants Brett Osetec - KBW Joshua Esterov - CreditSights Operator Good morning, ladies and gentlemen, and welcome to the Genworth Financial's Third Quarter 2024 Earnings Conference Call. My name is Lisa and I'll be your coordinator today.
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today announced it will issue its earnings release containing third quarter results after the market closes on November 6, 2024. A conference call will be held on November 7, 2024, at 9:00 a.m. (ET) to discuss the quarter's results. Genworth's earnings release, summary presentation and financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public.
After seeing its stock price get cut in half over the last decade, Genworth Financial appears to be poised for a significant turnaround. The company's 80% ownership of Enact should make GNW trade just above $10 per share assuming no value in its insurance and annuity segments. There really is no other company that combines mortgage insurance, life insurance, and long-term care, which makes any peer comparison imperfect. Nonetheless, GNW appears to be undervalued by most metrics.
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial announces results of annual meeting.
Genworth Financial, Inc. (NYSE:GNW) Q1 2024 Earnings Conference Call on May 2, 2024 at 9:00 AM ET featuring Sarah Crews, Thomas McInerney, and Jerome Upton. The call will be moderated by Cynthia.