Voya Financial Announces Second-Quarter 2019 Results

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Voya Financial (VOYA) Tops Q2 EPS by 5c

August 6, 2019 4:18 PM EDT

Voya Financial (NYSE: VOYA) reported Q2 EPS of $1.52, $0.05 better than the analyst estimate of $1.47.

Second-quarter 2019 net income available to common shareholders of $1.51 per diluted shareSecond-quarter 2019 adjusted operating earnings1 of $1.52 per diluted share, after tax; Normalized for the following items, second-quarter 2019 adjusted operating earnings were $1.30 per diluted share, after tax:$(0.01) per diluted share, after tax, of unfavorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking; and$0.23 per diluted share, after tax, of prepayment fees and alternative investment income above the companys long-term expectations.Voya... More