Overview

* Voya Financial ( VOYA ) net income for Q2 declines due to investment losses and severance expenses

* Co exceeds $1 trillion in total assets across Retirement and Investment Management

* Returned $44 million to shareholders through common dividends, during qtr

Outlook

* Voya Financial ( VOYA ) focuses on improving Employee Benefits margins in H2 of 2025

* Company aims to integrate OneAmerica successfully in H2 of 2025

* Voya prioritizes driving strong organic growth

Result Drivers

* RETIREMENT SEGMENT - Growth driven by acquired business from OneAmerica, positive capital markets, and higher alternative investment income

* EMPLOYEE BENEFITS - Positive claim development in Stop Loss and favorable Group Life underwriting gains, offset by lower Voluntary underwriting gains

* INVESTMENT MANAGEMENT - Fee-based revenue growth offset by lower investment capital results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $1.98

Revenue bln

Q2 EPS $1.66

Q2 Net $161 mln

Income

Q2 Meet $240 mln $240 mln

Adjusted (2

Operatin Analysts

g )

Earnings

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the diversified investment services peer group is "buy."

* Wall Street's median 12-month price target for Voya Financial Inc ( VOYA ) is $82.50, about 17.7% above its August 4 closing price of $67.86

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)