Voya Financial (VOYA) Misses Q1 EPS by 5c

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Voya Financial Announces First-Quarter 2019 Results

May 7, 2019 4:15 PM EDT

First-quarter 2019 net income available to common shareholders of $0.42 per diluted share

First-quarter 2019 adjusted operating earnings1 of $1.07 per diluted share, after-tax; Normalized for the following items, first-quarter 2019 adjusted operating earnings were $1.22 per diluted share, after-tax:

$0.01 per diluted share, after-tax, of favorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking; and $(0.16) per diluted share, after-tax and DAC/VOBA, of prepayment fees and alternative investment income below the companys long-term expectations.

Voya completes previously announced accelerated share repurchase agreement for... More