Voya Financial announces first-quarter 2021 results

Go back to Voya Financial announces first-quarter 2021 results

Voya Financial (VOYA) PT Raised to $78 at RBC Capital Following Earnings

May 11, 2021 1:41 PM EDT

RBC Capital analyst Mark Dwelle raised the price target on Voya Financial (NYSE: VOYA) to $78.00 (from $74.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Voya's largest unit, Wealth Solutions, continues to benefit from strong flows and performance, driving AUM higher in Q1/21... More

Voya Financial (VOYA) Tops Q1 EPS by 51c

May 10, 2021 4:18 PM EDT

Voya Financial (NYSE: VOYA) reported Q1 EPS of $1.70, $0.51 better than the analyst estimate of $1.19.

Net income available to common shareholders of $8.29 per diluted share.Adjusted operating earnings1 of $1.70 per diluted share, after tax, including:$0.66 of prepayment fees and alternative investment income above the companys long-term expectations and$(0.17) of claims due to COVID-19.Repurchased $235 million of common stock and retired $75 million of debt.

"During the first quarter, we delivered significant adjusted operating earnings per share growth as we... More