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Voya Financial (VOYA) Posts Mixed Q3 Results

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Voya Financial Announces Third-Quarter 2016 Results

November 2, 2016 6:00 AM EDT

NEW YORK, Nov. 2, 2016 /PRNewswire/ -- Voya Financial, Inc. (NYSE: VOYA) today announced financial results for the third quarter of 2016.

3Q 2016 net loss available to common shareholders of $1.24 per diluted share, which reflects: Closed Block Variable Annuity (CBVA) segment loss of $1.06 per diluted share, after-tax, which includes a $0.31 per diluted share, after-tax, loss related to the annual review of actuarial assumptions and models for the segment; the CBVA segment, which is in run-off, is supported by a hedge program that is primarily designed to... More