Voya (VOYA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Voya Financial reported a revenue of $324 million for the quarter ended June 2024, which is a 6.6% decrease compared to the same period last year, and the EPS was $2.27, down from $2.31 year-over-year [7] Revenue Performance - The reported revenue represents a surprise of -0.38% over the Zacks Consensus Estimate of $325.25 million [1] - Adjusted Operating Revenues for Investment Management showed various metrics, including net investment income and net gains/losses [4][5] Client Assets - Total AUM and AUA for Wealth Solutions was reported at $580.57 billion, which is lower than the estimated $586.37 billion [9] - Client Assets for Wealth Solutions - Recordkeeping were also monitored, indicating the importance of this segment [10] Analyst Estimates - The average estimate for total AUM and AUA in Wealth Solutions was $201.74 billion, while the reported figure was $199.20 billion [23] - Other key metrics included fee income and premiums, with reported figures often falling short of analyst estimates [11][12] Year-over-Year Changes - Several revenue categories showed year-over-year changes, such as a +9.1% change in a specific revenue category compared to the year-ago quarter [17] - The company’s stock has returned +3.5% over the past month, outperforming the S&P 500 composite's +0.1% change [21]