earnings
confidence high
sentiment positive
materiality 0.75
Voya Q1 adj EPS $1.77 (+23% YoY); board authorizes $500M buyback
Voya Financial, Inc.
2024-Q1 EPS reported
$2.24
revenue$2,051,000,000
- Net income $234M ($2.24 diluted EPS); adjusted operating earnings $185M ($1.77 diluted EPS).
- Adjusted operating EPS up 23% YoY on fee-based revenue growth and expense discipline.
- Generated ~$200M excess capital; returned $172M in buybacks and $41M in dividends in Q1.
- Board authorized additional $500M common stock repurchase; record Health Solutions sales.
- Wealth Solutions net flows improved sequentially; Investment Management returned to positive flows.