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.
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, source Associated Press News