Voya Financial, Inc. (NYSE:VOYA) will hold its Q4 2024 Earnings Conference Call on February 4, 2025, at 10:00 AM ET. The call will feature key company participants, including Mei Ni Chu, Heather Lavallee, Michael Katz, and Matt Toms. Various analysts from different financial institutions will also join the discussion.
Voya Financial, Inc. (NYSE: VOYA) has released its financial results for the fourth quarter and the entire year of 2024. In the fourth quarter, the company reported a net income of $93 million, which is $0.94 per diluted share, and after-tax adjusted operating earnings of $138 million, or $1.40 per diluted share. For the full year, Voya's net income was $626 million, equating to $6.17 per diluted share, with after-tax adjusted operating earnings of $736 million.
Voya (VOYA) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
VOYA's stock has risen due to strong customer retention, the effects of the Benefitfocus acquisition, better investment earnings, positive cash flow, and smart use of capital.
Voya Financial is recommended as a buy because of its profitable areas, smart acquisitions, and good growth potential, even though its share price has not performed as well as larger rivals. The company has various sources of income from wealth solutions, health solutions, and investment management, which provide stability and consistent growth, with 2024 expected to be its best year. Recent purchases like Benefitfocus and OneAmerica are expected to enhance Voya's operations and support revenue growth while keeping its financial performance strong.
VOYA benefits from strong customer retention, the effects of the Benefitfocus acquisition, better investment earnings, positive cash inflows, and increased returns on capital.
Voya Financial, Inc. (NYSE:VOYA) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 10:00 AM ET. The call will feature key company participants, including the CEO, CFO, and heads of various departments. Several analysts from different financial institutions will also be joining the call.
VOYA's results for the third quarter show an increase in premiums and strong performance in most areas, but this was balanced out by decreased investment income and rising costs.
The main figures for Voya (VOYA) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare some of its important metrics with Wall Street predictions and the results from the same period last year.
Voya Financial (VOYA) reported quarterly earnings of $2.12 per share, which is higher than the Zacks Consensus Estimate of $2.05 per share. This is an increase compared to earnings of $2.07 per share from the same period last year.