Voya Financial Announces Fourth-Quarter and Full-Year 2019 Results

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Voya Financial (VOYA) Misses Q4 EPS by 3c

February 10, 2020 4:18 PM EST

Voya Financial (NYSE: VOYA) reported Q4 EPS of $1.07, $0.03 worse than the analyst estimate of $1.10.

"In 2019, we made strong progress on our organic growth objectives across our Retirement, Investment Management and Employee Benefits businesses, which are core to our strategy and plans for continued growth," said Rodney O. Martin, Jr., chairman and CEO, Voya Financial, Inc. Specifically, Retirement full-service recurring deposits increased 10.7% compared with 2018; Investment Management generated $2.6 billion in positive net flows (excluding divested annuities and sub-advisor replacements) in 2019; and Employee Benefits grew in-force premiums 10.3% compared with the prior-year period. This organic growth... More