Genworth Financial announced the time and date of their earnings release with 1st quarter results.
1st Quarter Earnings Release
The company will issue the release along with the financial supplement after the market closes on April 29. The information will be available on their website at investor.genworth.com after it has been made available to the public.
A conference call to discuss the 1st quarter results and earnings will be held on April 30, 2014 at 8 am. Genworth will relay their business results and a progress update on their strategic priorities. One of those recent priorities has been the company’s new approach to the Long Term Care Insurance industry. After an in-depth review of the market, CEO Tom McInerney announced the company’s commitment to the industry and their desire to help the industry move forward and gain momentum as the need for long term care increases across the nation.
Genworth is a leading provider of Long Term Care Insurance and has been in the market since 1973. The Fortune 500 company has provided Long Term Care Insurance to more than 1 million people through their Life Insurance Division.
In the past several months, Genworth announced their intent to change some inner workings of the Long Term Care Insurance industry, including applying for smaller rate increases more frequently to help clients manage the hikes better, pricing conservatively and keeping in mind the low interest rate environment, developing new products that are in the interest of consumers, and more. With a retirement and long term care crisis on the horizon, these changes may help more people make the decision to prepare for long term care by taking out a policy, which reduces the burden on Medicaid and taxpayers.
Participate in Conference Call
According to a Genworth press release, the dial-in number for the conference call is 877-888-4034 or 913-0489-5101 for those living outside the United States. The conference ID number is 8233528. For those who would like to participate in the call via webcast, that option exists as well. Simply register at investor.genworth.com at least 15 minutes before the webcast begins.
The call will be available to listen by replay at 888-203-1112 or 719-457-0820 for those living outside the United States. The conference ID number is 8233528 and the call will be available for listening until May 14, 2014. An archive of the webcast will also be available on Genworth’s website for one year.