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Voya (VOYA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Voya Financial (VOYA - Free Report) reported revenue of $269 million, down 24.4% over the same period last year. EPS came in at $1.51, compared to $2.40 in the year-ago quarter.

The reported revenue represents a surprise of -4.61% over the Zacks Consensus Estimate of $281.99 million. With the consensus EPS estimate being $1.88, the EPS surprise was -19.68%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Voya performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total AUM and AUA - Retirement: $863.46 billion versus the two-analyst average estimate of $842.97 billion.
  • Employee Benefits - Adjusted operating margin: 11% compared to the 12.7% average estimate based on two analysts.
  • Employee Benefits - Group life Loss Ratio (interest adjusted): 72.1% compared to the 76.5% average estimate based on two analysts.
  • Employee Benefits - Stop loss Loss Ratio: 85.4% compared to the 83.8% average estimate based on two analysts.
  • Total AUM and AUA - General Account: $36.12 billion compared to the $37.31 billion average estimate based on two analysts.
  • Client Assets - Subtotal External Clients - Institutional: $178.75 billion versus $176.75 billion estimated by two analysts on average.
  • Client Assets - Subtotal External Clients - Retail: $162.34 billion compared to the $158.64 billion average estimate based on two analysts.
  • Revenues- Net investment income: $537 million versus $451.22 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -8.1% change.
  • Revenues- Premiums: $716 million versus $738.5 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.
  • Revenues- Fee income: $620 million versus $655.77 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
  • Adjusted Operating Revenues- Investment Management- Total: $255 million versus $251.91 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change.
  • Adjusted Operating Revenues- Investment Management- Fee income: $253 million versus the two-analyst average estimate of $252.63 million. The reported number represents a year-over-year change of +6.8%.

View all Key Company Metrics for Voya here>>>

Shares of Voya have returned +3.9% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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