Voya Financial (VOYA) Misses Q3 EPS by 34c

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Go back to Voya Financial (VOYA) Misses Q3 EPS by 34c

Voya Financial Announces Third-Quarter 2018 Results

October 30, 2018 4:15 PM EDT

Third-quarter 2018 net income available to common shareholders of $0.87 per diluted share Third-quarter 2018 adjusted operating earnings1 of $0.84 per diluted share, after-tax; Normalized for the following items, third-quarter 2018 adjusted operating earnings were $1.34 per diluted share, after-tax: $(0.70) per diluted share, after-tax, of unfavorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking unfavorable annual assumption updates in Individual Life were partially offset by favorable assumption updates in Retirement and the company's legacy annuities in Corporate; and $0.20 per diluted share, after-tax and DAC/VOBA, of prepayment... More