Voya Financial (VOYA) Misses Q4 EPS by 3c
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February 9, 2021 4:15 PM EST
Fourth-quarter 2020 net income available to common shareholders of $2.57 per diluted share, including $0.21 per diluted share, after tax, of income (loss) from discontinued operations1 related to Voya's previously announced divestment of its Individual Life business and other closed blocks.
Fourth-quarter 2020 adjusted operating earnings2 of $1.90 per diluted share, after tax. Normalized for the following items, fourth-quarter 2020 adjusted operating earnings were $1.44 per diluted share, after tax:
$0.18 per diluted share, after tax, of favorable deferred acquisition costs and value of business acquired (DAC/VOBA) and other intangibles unlocking;
$0.49 per diluted share, after tax, of...
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