Voya Financial Inc (VOYA) Releases Earnings Results, Misses Expectations By $-0.15 EPS

Voya Financial Inc (VOYA) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.55 earnings per share for the quarter, missing the analyst consensus estimate by $-0.15. Analysts had a consensus of $0.70. Analysts expectations of $2101.39 million. During the same quarter in the previous year, the company posted $0.82 EPS.

Many Wall Street Analysts have commented on Voya Financial Inc. Shares were Reiterated by RBC Capital Mkts on Feb 11, 2016 to “Top Pick” and Lowered the Price Target to $ 46 from a previous price target of $53 .Voya Financial Inc was Upgraded by JP Morgan to ” Neutral” on Feb 11, 2016.

Voya Financial Inc opened for trading at $32.58 and hit $32.74 on the upside on Monday, eventually ending the session at $32.69, with a gain of 0.68% or 0.22 points. The heightened volatility saw the trading volume jump to 15,29,461 shares. Company has a market cap of $6,809 M.

In a different news, on Mar 30, 2016, Jeffrey T Becker (officer ) sold 3,625 shares at $30.11 per share price. According to the SEC, on Mar 30, 2016, Chetlur S Ragavan (officer ) sold 1,420 shares at $30.29 per share price. On Mar 30, 2016, Ewout L Steenbergen (officer ) sold 1,675 shares at $30.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Voya Financial Inc. is a retirement investment and insurance company. The Company provides retirement services annuities investment management services mutual funds life insurance group insurance and supplemental health products guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income equity multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.

Voya Financial Inc

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