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Genworth Financial Announces Fourth Quarter 2024 Results

1. Genworth reported strong financial results with record operating income in 2024. 2. The company advanced its multi-year rate action plan and returned capital to shareholders.

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FAQ

Why Bullish?

Strong financial results and capital return may positively influence investor sentiment, like past earnings beats.

How important is it?

The article highlights significant operational achievements that may influence GNW's spending and investment strategies.

Why Long Term?

Ongoing strategic improvements and capital returns could enhance GNW's growth trajectory over time.

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GNWACTNYSE: GNW
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended December 31, 2024. “I'm pleased with our financial and operational achievements in 2024,” said Tom McInerney, President & CEO. “We advanced progress on our multi-year rate action plan and returned substantial capital to shareholders using cash flows from Enact, which delivered record adjusted operating income for the full year. Meanwhile, we set the stage for future growth by sc.

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