Genworth Reports $122M Loss In 4Q

RICHMOND, Va. (AP) _ Genworth Financial Inc. (GNW) on Tuesday reported a loss of $122 million in its fourth quarter.

On a per-share basis, the Richmond, Virginia-based company said it had a loss of 25 cents. Losses, adjusted for non-recurring gains, came to 27 cents per share.

The financial services company posted revenue of $2.2 billion in the period. Its adjusted revenue was $2.16 billion.

For the year, the company reported that its loss narrowed to $277 million, or 56 cents per share. Revenue was reported as $8.3 billion.

In the final minutes of trading on Tuesday, the company's shares hit $3.48. A year ago, they were trading at $1.86.

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

Keywords: Genworth Financial, Earnings Report