Voya Financial, Prudential, MetLife Miss 3Q Estimates
November 5, 2015 by Cyril Tuohy
Voya Financial Inc., the New York-based annuity, retirement, insurance and employee benefits giant, reported third-quarter net income of $40.3 million, a 90 percent drop from the $406 million profit the company reported in the year-ago period.
Net income per share diluted was 18 cents compared to $1.59 per share diluted in the year-ago period, the company also said Wednesday.
Adjusted for nonrecurring costs, earnings came to 42 cents per share. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
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Originally Posted at InsuranceNewsNet on November 5, 2015 by Cyril Tuohy.
Categories: Industry Articles
