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Here's What Key Metrics Tell Us About Voya (VOYA) Q4 Earnings
VOYAVoya Financial(VOYA) ZACKS·2025-02-05 02:01

Core Insights - Voya Financial reported a revenue of 174millionforQ42024,markingayearoveryeardeclineof26.3174 million for Q4 2024, marking a year-over-year decline of 26.3%, with an EPS of 1.50 compared to 1.97ayearago[1]ThereportedrevenueexceededtheZacksConsensusEstimateof1.97 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of 130.16 million by 33.69%, while the EPS surprised by 111.27% against the consensus estimate of 0.71[1]FinancialPerformanceMetricsTotalAssetsUnderManagement(AUM)andAssetsUnderAdministration(AUA)inWealthSolutionswere0.71 [1] Financial Performance Metrics - Total Assets Under Management (AUM) and Assets Under Administration (AUA) in Wealth Solutions were 612.21 billion, below the average estimate of 627.13billion[4]ClientAssetsinWealthSolutionsFullServicewere627.13 billion [4] - Client Assets in Wealth Solutions - Full Service were 208.45 billion, compared to the average estimate of 215billion[4]ClientAssetsinWealthSolutionsRecordkeepingwere215 billion [4] - Client Assets in Wealth Solutions - Recordkeeping were 340.25 billion, below the estimated 347.88billion[4]ClientAssetsinWealthSolutionsDefinedContributionInvestmentonlySVwere347.88 billion [4] - Client Assets in Wealth Solutions - Defined Contribution Investment-only SV were 34.56 billion, slightly below the average estimate of 35.07billion[4]Feeincomerevenuewas35.07 billion [4] - Fee income revenue was 543 million, compared to the average estimate of 577.07million,representingan11577.07 million, representing an 11% year-over-year change [4] - Net investment income revenue was 521 million, slightly below the average estimate of 486.74million,withayearoveryearchangeof0.2486.74 million, with a year-over-year change of -0.2% [4] - Premiums revenue was 790 million, close to the estimated 791.24million,reflectinga17.4791.24 million, reflecting a 17.4% year-over-year increase [4] - Adjusted Operating Revenues for Investment Management totaled 271 million, exceeding the average estimate of 242.07million,withan18.9242.07 million, with an 18.9% year-over-year change [4] - Adjusted Operating Revenues for Investment Management - Fee income was 237 million, slightly above the average estimate of 235.77million,witha6.8235.77 million, with a 6.8% year-over-year increase [4] - Adjusted Operating Revenues for Corporate - Net investment income and net gains were 8 million, surpassing the average estimate of 5.50million,reflectinga14.35.50 million, reflecting a 14.3% year-over-year increase [4] - Adjusted Operating Revenues for Corporate - Total was 8 million, compared to the average estimate of $6.63 million, indicating an 11.1% year-over-year decline [4] Stock Performance - Voya's shares returned +0.5% over the past month, while the Zacks S&P 500 composite increased by +1% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]