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Voya: Q2 Earnings Snapshot

Voya: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2024, 03:45 AM ET
Last Updated - Jul 31, 2024, 03:45 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Voya Financial Inc. (VOYA) on Tuesday reported second-quarter profit of $205 million.

On a per-share basis, the New York-based company said it had profit of $1.96. Earnings, adjusted for non-recurring costs, came to $2.27 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.19 per share.

The retirement, investment and insurance company posted revenue of $2.03 billion in the period. Its adjusted revenue was $324 million, which missed Street forecasts. Four analysts surveyed by Zacks expected $325.3 million.

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