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Today is shaping up negative for Genworth Mortgage Insurance Australia Limited (ASX:GMA) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. Revenue and earnings per share (EPS) forecasts were both revised downwards, with analysts seeing grey clouds on the horizon. The stock price has risen 5.0% to AU$2.95 over the past week. It will be interesting to see if this downgrade motivates investors to start selling their holdings.
Following the downgra...
>>> Read more: News Flash: 3 Analysts Think Genworth Mortgage Insurance Australia Limited (ASX:GMA) Earnings Are Under Threat
Following the downgra...
>>> Read more: News Flash: 3 Analysts Think Genworth Mortgage Insurance Australia Limited (ASX:GMA) Earnings Are Under Threat