Voya Financial Q3 net income falls to $98 million; adjusted EPS rises to $1.90
Voya Financial reported third-quarter 2024 results on Nov. 4, 2024. Net income available to common shareholders fell to $98 million, or $0.98 per diluted share, from $248 million, or $2.29, a year earlier, while adjusted operating earnings rose to $190 million, or $1.90 per diluted share, from $1.74. The board also authorized an additional $500 million of share repurchases, and the company said higher loss ratios in Stop Loss weighed on Health Solutions.
Key points
- Net income available to common shareholders was $98 million, or $0.98 per diluted share, versus $248 million, or $2.29, in third-quarter 2023; the prior year included tax benefits and a Voya India revaluation gain.
- Adjusted operating earnings were $190 million, or $1.90 per diluted share, versus $189 million, or $1.74, a year earlier.
- Total revenues were $1,956 million versus $1,823 million in the prior-year quarter.
- The board authorized an additional $500 million of share repurchases, and the company expects to return $0.8 billion of capital for full-year 2024.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.