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Voya Financial Forecasts Lower Alternative Investment Income
Company Announcements

Voya Financial Forecasts Lower Alternative Investment Income

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The latest announcement is out from Voya Financial (VOYA).

Voya Financial, Inc. has announced that its alternative investment income and prepayment fees for Q2 2024 are estimated to fall $7 million to $18 million short of long-term expectations, anticipating a pre-tax figure between $36 million and $48 million. This performance includes returns from the company’s general account and its Investment Management segment. While these preliminary figures are consistent with past reports, they are yet to be finalized or reviewed by an independent auditor, and may be subject to material adjustments. Investors are advised to be cautious, as these results are not a definitive indicator of future performance.

For an in-depth examination of VOYA stock, go to TipRanks’ Stock Analysis page.

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