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Voya Financial Q3 2023 Earnings Report

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$67.21 +0.47 (+0.70%)
(As of 12/20/2024 05:31 PM ET)

Voya Financial EPS Results

Actual EPS
$2.07
Consensus EPS
$2.09
Beat/Miss
Missed by -$0.02
One Year Ago EPS
$2.30

Voya Financial Revenue Results

Actual Revenue
$1.82 billion
Expected Revenue
$336.28 million
Beat/Miss
Beat by +$1.49 billion
YoY Revenue Growth
N/A

Voya Financial Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Conference Call Resources

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Voya Financial Earnings Headlines

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Voya Financial price target lowered to $84 from $91 at Piper Sandler
Morgan Stanley Reaffirms Their Hold Rating on Voya Financial (VOYA)
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About Voya Financial

Voya Financial (NYSE:VOYA) engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. The segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. The segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

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