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Voya Financial (VOYA)
NYSE:VOYA
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.99Last Year’s EPS
1.63Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: -14.11%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected strong performance and growth in Wealth Solutions and Investment Management, alongside strategic expansion through the One America acquisition. However, these positive outcomes were counterbalanced by significant challenges in Health Solutions due to adverse Stop Loss results and underpricing issues. The company is taking active steps to address these challenges.Company Guidance
During Voya Financial's Q3 2024 earnings call, key guidance metrics were discussed, highlighting both achievements and challenges. The company reported an adjusted operating EPS of $1.90, reflecting a 9% increase from the same quarter in 2023, with 20% growth in Wealth Solutions and over 10% in Investment Management earnings counterbalancing adverse Health Solutions results. The company emphasized its strategic focus on repricing the Stop Loss business to improve margins and is targeting a return of $800 million in excess capital to shareholders by year-end. Voya is also set to close the acquisition of One America's retirement business on January 1, which is expected to add at least $75 million in pretax operating earnings and over $200 million in net revenue in the first year. The integration of this acquisition is expected to significantly enhance Voya's retirement platform and improve excess capital generation in 2025.Strong Performance in Wealth Solutions and Investment Management
We delivered strong business results in Wealth Solutions and Investment Management this quarter, driven by actions implemented throughout the year, leading to stronger-than-expected revenue and margin improvement.
Acquisition of One America's Retirement Business
On track to close the acquisition of One America's full-service retirement business on January 1. The transaction is expected to deliver at least $75 million of pretax operating earnings and over $200 million of net revenue in the first year.
Strong Free Cash Flows and Capital Return
On track to return $800 million in excess capital to shareholders in 2024, with expectations to significantly improve excess capital generation in 2025.
Record Growth in Investment Management
Voya Investment Management delivered a third consecutive quarter of positive net flows, exceeding its organic growth target for the year with over $9 billion in net inflows.
Improved Margins in Wealth Solutions
Adjusted operating earnings of $211 million in Wealth Solutions are 18% higher than a year ago, with spread revenues ahead of expectations.
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VOYA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VOYA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $78.57 | $74.55 | -5.12% |
| Jul 30, 2024 | $73.42 | $71.86 | -2.12% |
| Apr 30, 2024 | $66.98 | $69.32 | +3.49% |
| Feb 06, 2024 | $70.11 | $67.19 | -4.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Voya Financial (VOYA) report earnings?
Voya Financial (VOYA) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Voya Financial (VOYA) earnings time?
Voya Financial (VOYA) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VOYA EPS forecast?
VOYA EPS forecast for the fiscal quarter 2024 (Q4) is 0.99.
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