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More on Voya Financial Q2: Adjusted operating EPS ex-items rise 20%

Published 08/01/2018, 06:39 PM
© Reuters.  More on Voya Financial Q2: Adjusted operating EPS ex-items rise 20%
VOYA
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  • Voya Financial (NYSE:VOYA) Q2 adjusted operating EPS $1.13, which includes a 13-cent charge for unfavorable deferred acquisition costs and value of business acquired and 6 cents of prepayment fees and alternative investment income above the company’s long-term expectations.
  • Excluding the two items, adjusted operating EPS would have risen 20% Y/Y.
  • "We are executing on our plans to achieve $1.30 to $1.40 per share of adjusted operating earnings and our targeted cost savings of $110M to $130M by the end of the second quarter of 2019," says Chairman and CEO Rodney O. Martin, Jr.
  • Book value $52.22 as of June 30, 2018 vs. $74.30 a year ago.
  • Book value excluding AOCI $46.40 vs. $59.80 Y/Y.
  • Source: Press Release
  • Previously: Voya Financial beats by $0.04 (Aug. 1)
  • Now read: CNO Financial misses by
  • Now read: CNO Financial misses by $0.01, beats on revenue
  • .01, beats on revenue


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