Voya Financial (VOYA) Misses Q1 EPS by 9c

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Voya Financial Announces First-Quarter 2018 Results

May 1, 2018 4:15 PM EDT

First-quarter 2018 net income available to common shareholders of $2.50 per diluted share First-quarter 2018 adjusted operating earnings1 of $0.77 per diluted share, after-tax, reflecting: $(0.31) per diluted share, after-tax, of unfavorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking, and $0.05 per diluted share, after-tax and DAC/VOBA, of prepayment fees and alternative investment income above the companys long-term expectations. Business segment highlights: Retirement total deposits of $4.5 billion; full-service Corporate market net flows of $271 million; adjusted operating earnings of $109 million... More