Genworth Financial Inc. Fourth Quarter Earnings Sneak Peek

Wall St. Cheat Sheet

S&P 500 component Genworth Financial Inc. will unveil its latest earnings on Thursday, February 2, 2012. Genworth Financial provides wealth management, insurance, investment and financial solutions to customers.

Genworth Financial Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 18 cents per share, a swing from net loss of 28 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 24 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 20 cents during the last month. For the year, analysts are projecting profit of 44 cents per share, a rise of 69.2% from last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported net income of 21 cents per share against a mean estimate of profit of 20 cents, and the quarter before, the company exceeded forecasts by one cent with a loss of 15 cents versus a mean estimate of net loss of 16 cents.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 0.4% in revenue from the year-earlier quarter to $2.58 billion.

Analyst Ratings: Analysts seem relatively indifferent about Genworth with seven of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 65.1% to $29 million (6 cents a share) from $83 million (17 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 5.5% to $2.52 billion from $2.67 billion.

Key Stats:

A year-over-year revenue decrease in the third quarter snapped a streak of three consecutive quarters of revenue increases. Revenue rose 10.2%in the second quarter, 6.1% in the first quarter and 5.3% in the fourth quarter of the last fiscal year.

Competitors to Watch: CNO Financial Group, Inc. , American National Insurance Co. , AEGON N.V. , MetLife, Inc. , Atlantic American Corp. , Torchmark Corporation , StanCorp Financial Group, Inc. , Bank of America , Wells Fargo , JP Morgan , Citigroup , Prudential Financial, Inc. , and Lincoln National Corp. .

Stock Price Performance: During November 29, 2011 to January 27, 2012, the stock price had risen $1.69 (27.5%) from $6.14 to $7.83. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six-straight days, rising 6.1% (+61 cents) over that span. It saw one of its worst periods between November 11, 2011 and November 23, 2011 when shares fell for nine-straight days, falling 23% (-$1.60) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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