Voya Financial (VOYA)
NYSE:VOYA
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.42Last Year’s EPS
2.46Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call was positive: the company reported strong adjusted EPS growth, high margins in Retirement and Investment Management, robust cash generation (returned ~$200M and executing further buybacks), and clear signs of underwriting and pricing progress in Employee Benefits (including Stop Loss). The principal risks are Stop Loss historical volatility and reserve uncertainty, timing‑driven Retirement flows in Q1, valuation/activist attention, and medical cost uncertainty. Management conveyed confidence in a path to margin recovery and continued organic growth, making the quarter’s positives outweigh the outstanding challenges.Company Guidance
Strong EPS Growth
Adjusted operating EPS of $2.26 in Q1 and $9.11 on a trailing twelve‑month basis (TTM), representing TTM EPS growth of over 20%; CEO cited adjusted operating EPS growth of 13% year‑over‑year for the quarter.
Robust Cash Generation & Capital Return
Generated ~ $200M of excess capital in the quarter and returned the same amount to shareholders; executing an additional $150M of share repurchases in Q2; cash conversion at 90%+; return on equity above 18%; diluted shares outstanding down ~14% since 2022 and dividend payout ratio ~20% with steady dividend growth.
Retirement Segment Strength & OneAmerica Integration
Retirement adjusted operating earnings of $209M in Q1 and $960M TTM (≈14% YoY TTM increase); trailing margins ~39%; fee‑based revenues up 8% YoY and now ~60% of segment net revenues; > $50B in annual recurring deposits; OneAmerica acquisition operationally successful, retirement franchise now serves nearly 10M accounts with integration expected to complete in Q2.
Investment Management Momentum and Performance
Investment Management generated $46M of adjusted operating earnings in Q1 (up 12% YoY, up 8% TTM) with trailing margin of 28.6%; ~ $7B of net inflows over the past year (~2% organic growth) and guidance to deliver 2%+ organic growth in 2026; strong investment performance with 78% of assets outperforming peers/benchmarks over 3 years and 82% over 10 years.
Employee Benefits Earnings & Underwriting Improvement
Employee Benefits produced $63M of adjusted operating earnings in Q1 and $169M TTM driven by stronger underwriting; Stop Loss pricing, underwriting and reserving actions produced ~24% rate increases while keeping in‑force premium flat and led to a $25M reserve release in the quarter; management >90% complete on 2025 experience and sees a clear path to margin recovery.
Wealth Management Early Growth
Wealth Management revenues up more than 12% YoY in Q1, showing early adviser recruitment and productivity gains and alignment with the Retirement business to expand advice/guidance offerings.
VOYA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VOYA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $83.11 | $80.46 | -3.19% |
Feb 03, 2026 | $75.01 | $72.26 | -3.67% |
Nov 04, 2025 | $72.67 | $70.18 | -3.42% |
Aug 05, 2025 | $66.65 | $71.78 | +7.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Voya Financial (VOYA) report earnings?
Voya Financial (VOYA) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Voya Financial (VOYA) earnings time?
Voya Financial (VOYA) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VOYA EPS forecast?
VOYA EPS forecast for the fiscal quarter 2026 (Q2) is 2.42.