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Portfolio > Economy & Markets > Fixed Income

Genworth Previews Earnings

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Genworth Financial Inc. has given investors a glimpse at its second-quarter performance.[@@]

Genworth, Richmond, Va., is reporting $285 million in net income for the quarter, up from $268 million in net income for the second quarter of 2004.

General Electric Company, Fairfield, Conn., which owned all of Genworth’s stock, sold a large minority stake to the public about a year ago. Genworth released net income figures today to help General Electric give a complete report on its financial performance. Genworth will be publishing more detailed earnings information, which will include revenue figures, July 28, the company says.


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