Voya Financial, Inc. (NYSE:VOYA) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, VOYA to report 3Q20 income of $ 1.38 per share from revenue of $ 1412.41 million.
For the full year, analysts anticipate top line of $ 5436.36 million, while looking forward to income of $ 3.78 per share bottom line.
Previous Quarter Performance
Voya Financial, Inc. communicated income for the second quarter of $ 1.09 per share, from the revenue of $ 129.00 million. Wall street analysts are predicting, VOYA to report 2Q20 income of $ 0.79 per share from revenue of $ 221.70 million. The bottom line results beat street analysts by $ 0.3 or 37.97 percent, at the same time, top line results fell short of analysts by $ 92.7 million or 41.81 percent.
Stock Performance
Shares of Voya Financial, Inc. traded up $ 1.25 or 2.56 percent on Tuesday, reaching $ 50.02 with volume of 1.35 million shares. Voya Financial, Inc. has traded high as $ 50.45 and has cracked $ 49.23 on the downward trend
According to the previous trading day, closing price of $ 50.02, representing a 63.93 % increase from the 52 week low of $ 29.75 and a 23.57 % decrease over the 52 week high of $ 63.81.
The company has a market capital of $ 6.31 billion and is part of the Financial Services sector and Asset Management industry.
Recent Analyst recommendations
- On 6th October 2020, maintained by Morgan Stanley at Overweight rating, with $ 60.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.15 per share on July 30, 2020. The dividend were payable on September 28, 2020 to holders of record as of the close of business on August 31, 2020 and ex-dividend date on August 28, 2020.
Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. It operates through four segments: Retirement, Investment Management, Employee Benefits, and Individual Life.
