Voya Financial Q3 adjusted EPS beats estimates; boosts dividend, buyback
VOYA•Voya Financial reported Q3 adjusted EPS of $2.60, topping the $2.59 estimate, while revenue fell year over year to $2.03 billion. The company plans to raise its quarterly dividend 21% to $0.57 per share and added $500 million to its share repurchase authorization.
1. Quarterly results
Voya Financial reported Q3 adjusted EPS of $2.60, compared with the $2.59 analyst estimate. Revenue was $2.03 billion, net income was $253 million, and adjusted operating earnings were $240 million. Revenue declined year over year.
2. Capital returns and segments
Voya plans to raise its quarterly dividend 21% to $0.57 per share in Q4 2026 and increased its share repurchase authorization by $500 million. It had $163 million of repurchase capacity remaining as of Sept. 30, 2026. Higher earnings in Retirement and Employee Benefits were largely offset by lower Investment Management capital income and $25 million of severance expense. Trailing-twelve-month adjusted operating margin in Employee Benefits rose to 11.4% from 6.0%.
Related News
Diamondback Energy Q3 oil production averaged 525 Mbo/d, flat with Q2 and above guidance midpoint
Summit Hotel Properties files initial beneficial ownership statement for EVP and CFO Michael Steiner Nieves
