Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Voya Financial, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Voya is expected to report quarterly earnings of $2.11 per share, reflecting a year-over-year increase of +40.7% [3]. - Revenues are projected to reach $332.41 million, representing a 91% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.27% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Voya is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.10% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Voya currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [12]. Historical Performance - Voya has consistently beaten consensus EPS estimates, achieving this in the last four quarters [14]. - In the last reported quarter, Voya exceeded expectations by delivering earnings of $2.45 per share against an expected $2.22, resulting in a surprise of +10.36% [13]. Conclusion - Voya is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors before making investment decisions [17].
Voya Financial (VOYA) Reports Next Week: Wall Street Expects Earnings Growth