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In comparison with Estimates, Voya (VOYA) Q3 Earnings: A Take a look at Key Metrics

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Voya Monetary (VOYA) reported $289 million in income for the quarter ended September 2024, representing a year-over-year enhance of two.9%. EPS of $2.12 for a similar interval compares to $2.07 a yr in the past.

The reported income represents a shock of -9.11% over the Zacks Consensus Estimate of $317.98 million. With the consensus EPS estimate being $2.05, the EPS shock was +3.41%.

Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.

Right here is how Voya carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Whole AUM and AUA – Wealth Options: $608.49 billion in comparison with the $595.15 billion common estimate based mostly on three analysts.
  • Consumer Property – Wealth Options – Full Service: $208.98 billion in comparison with the $204.92 billion common estimate based mostly on three analysts.
  • Consumer Property – Wealth Options – Recordkeeping: $335.77 billion in comparison with the $328.80 billion common estimate based mostly on three analysts.
  • Consumer Property – Wealth Options – Outlined Contribution Funding-only SV: $34.74 billion versus $33.64 billion estimated by three analysts on common.
  • Revenues- Charge revenue: $540 million versus $559.42 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +10.4% change.
  • Revenues- Premiums: $796 million versus the four-analyst common estimate of $793.83 million. The reported quantity represents a year-over-year change of +16.7%.
  • Revenues- Internet funding revenue: $506 million in comparison with the $473.40 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -7.5% yr over yr.
  • Adjusted Working Revenues- Funding Administration – Whole: $243 million versus the four-analyst common estimate of $236.81 million. The reported quantity represents a year-over-year change of +4.3%.
  • Adjusted Working Revenues- Funding Administration – Charge revenue: $238 million versus $228.79 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +6.3% change.
  • Adjusted Working Revenues- Funding Administration – Internet funding revenue and internet positive aspects (losses): $4 million in comparison with the $7.35 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -42.9% yr over yr.
  • Adjusted Working Revenues- Well being Options – Different income: $52 million versus $54.50 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +2% change.
  • Adjusted Working Revenues- Well being Options – Whole: $892 million versus the two-analyst common estimate of $883.70 million. The reported quantity represents a year-over-year change of +16.2%.

View all Key Company Metrics for Voya here>>>

Shares of Voya have remained unchanged over the previous month versus the Zacks S&P 500 composite’s +0.4% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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