Voya: Fourth Quarter Earnings Overview

Voya Financial Reports Fourth-Quarter Earnings

Voya Financial Inc., headquartered in New York, announced a net income of $140 million for the fourth quarter.

The company reported earnings of $1.41 per share for the quarter. After accounting for one-time items, adjusted earnings were $1.94 per share.

These results fell short of analysts’ expectations. According to a survey by Zacks Investment Research involving five analysts, the consensus estimate was $2.11 per share.

During the quarter, Voya Financial generated $2.11 billion in revenue. After adjustments, revenue stood at $316 million, which also missed projections. Three analysts polled by Zacks had anticipated $332.4 million.

For the full year, Voya Financial reported a total profit of $654 million, or $6.29 per share, with annual revenue reaching $1.34 billion.