Voya Financial Reports Third Quarter Non-GAAP EPS and Revenue Beat
Voya Financial (VOYA) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $2.60, surpassing estimates by $0.02, while total revenue reached $2.02 billion, beating projections by $60 million. Despite the beat, revenue saw a year-over-year decline of 5.2%. The results come amid a period of scrutiny for the company, including previous earnings misses in Q2 and potential pressure from activist investor Toms Capital regarding corporate governance.
Tickers: $VOYA