Voya Financial Announces Second-Quarter 2018 Results

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Voya Financial (VOYA) Tops Q2 EPS by 4c

August 1, 2018 4:19 PM EDT

Voya Financial (NYSE: VOYA) reported Q2 EPS of $1.13, $0.04 better than the analyst estimate of $1.09.

Second-quarter 2018 net income available to common shareholders of $0.96 per diluted shareSecond-quarter 2018 adjusted operating earnings1 of $1.13 per diluted share, after-tax, reflecting:$(0.13) per diluted share, after-tax, of unfavorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking, and$0.06 per diluted share, after-tax and DAC/VOBA, of prepayment fees and alternative investment income above the companys long-term expectations.Second-quarter 2018 adjusted operating earnings (excluding DAC/VOBA and other intangibles unlocking)1 up 20% compared... More