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Genworth Financial posts $96 million 3Q profit

Genworth Financial (GNW) posted a third-quarter profit of $96 million, or 99 cents a share, up from $85 million, or 82 cents a share, in the same period last year.

Per RTT:

Operating income for the quarter was $91 million or $0.94 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analyst estimates typically exclude special items.

Net premiums earned was $143 million, $4 million lower than last year. Investment income totaled $51 million, up from $44 million last year.

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