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Voya Financial Q2 Adjusted Operating Earnings Fall, Revenue Rises; Shares Slump After Hours
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Voya Financial Q2 Adjusted Operating Earnings Fall, Revenue Rises; Shares Slump After Hours
Jul 30, 2024 2:29 PM

05:12 PM EDT, 07/30/2024 (MT Newswires) -- Voya Financial ( VOYA ) reported Q2 adjusted operating earnings late Tuesday of $2.18 per diluted share, down from $2.21 a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $2.15.

Revenue in the quarter ended June 30 rose to $2.03 billion from $1.87 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.87 billion.

The company bought back $174 million in shares in Q2 and has authorization to purchase an additional $551 million in stock.

Shares of Voya slumped 8.5% in after-hours trading.

Price: 68.00, Change: -6.31, Percent Change: -8.49

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