NEW YORK (AP) — NEW YORK (AP) — Voya Financial Inc. (VOYA) on Tuesday reported first-quarter net income of $251 million.
The New York-based company said it had net income of $2.24 per share. Earnings, adjusted for non-recurring gains, came to $1.88 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share.
The retirement, investment and insurance company posted revenue of $2.05 billion in the period. Its adjusted revenue was $287 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $278.3 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VOYA at https://www.zacks.com/ap/VOYA
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
