Voya Financial Announces Fourth-Quarter and Full-Year 2017 Results

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Voya Financial (VOYA) Tops Q4 EPS by 16c; Enters $500M Stock Buyback

February 13, 2018 4:22 PM EST

Voya Financial (NYSE: VOYA) reported Q4 EPS of $0.87, $0.16 better than the analyst estimate of $0.71.

We generated solid earnings growth in both the fourth quarter and full year of 2017, said Rodney O. Martin, Jr., chairman and chief executive officer, Voya Financial. For example, during the fourth quarter, we achieved record earnings and strong sales in our Retirement business; generated $836 million in Investment Management-sourced net inflows; and increased in-force premiums in Employee Benefits.

"Our capital position continues to be strong. During the fourth quarter, we entered into a $500 million accelerated share repurchase agreement, and we... More