earnings
confidence high
sentiment neutral
materiality 0.75
Voya Q3 adj. operating EPS $1.90; net income $98M; $500M buyback authorized; OneAmerica deal close Jan 1, 2025
Voya Financial, Inc.
2024-Q3 EPS reported
$5.20
revenue$6,040,000,000
- Net income available to common shareholders $98M ($0.98 diluted EPS); after-tax adj. operating earnings $190M ($1.90 diluted EPS).
- Strong Wealth Solutions and Investment Management offset higher Health Solutions loss ratios; pricing actions expected to improve Stop Loss in 2025.
- Board authorized $500M additional share repurchase; $0.2B capital returned in Q3; on track for $0.8B in full-year 2024.
- Acquisition of OneAmerica Financial's full-service retirement plan business expected to close Jan. 1, 2025.