NYSE$VOYA
Voya Financial Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Announced second-quarter 2023 results, demonstrating growth in adjusted operating EPS and commitment to capital return.
Voya Financial reported a strong second quarter in 2023, with adjusted operating EPS growing 30% compared to the prior year. The company deployed approximately $0.2 billion in excess capital through share repurchases and dividends. The board of directors authorized doubling the common stock dividend to $0.40 per share and approved an additional $500 million for share repurchases.
- Net income available to common shareholders was $1.41 per diluted share.
- After-tax adjusted operating earnings were $2.21 per diluted share.
- Approximately $0.2 billion in excess capital was deployed, including share repurchases and dividends.
- The board of directors authorized doubling the common stock dividend to $0.40 per share and an additional $500 million for share repurchases.
Headline financials
Revenue & EPS history
Voya · Revenue · Quarterly
$1.87B
Revenue by segment
Voya · $398M total across 3 segments · Q4 2020
- Retirement$258M+59.3%64.8%
- Investment Management$90M+52.5%22.6%
- Employee Benefits$50M-9.1%12.6%
Forward guidance
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company does not assume any obligation to revise or update these statements to reflect new information, subsequent events or changes in strategy.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.2%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+1.6%
Avg return
30 days after
47%
25 / 53 earnings
Positive
+10.0%
Q4 2022
Best reaction
-9.9%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.2% | -3.7% | +4.2% | |
| Q4 2025 | -6.5% | +1.2% | -10.3% | |
| Q3 2025 | -3.5% | -3.5% | -3.8% | |
| Q1 2025 | +9.3% | +15.8% | +10.7% | |
| Q4 2024 | +4.8% | +5.0% | +1.0% | |
| Q3 2024 | -6.3% | +1.6% | +2.4% | |
| Q2 2024 | -1.2% | -7.5% | -5.6% | |
| Q1 2024 | +2.2% | +2.4% | +7.9% | |
| Q4 2023 | -3.8% | -2.3% | -4.8% | |
| Q3 2023 | +2.5% | +6.1% | +8.2% | |
| Q2 2023 | -1.8% | -2.4% | -6.2% | |
| Q1 2023 | -9.9% | -8.2% | -10.1% | |
| Q4 2022 | +10.0% | +8.9% | +6.4% | |
| Q3 2022 | -2.2% | -2.0% | -4.0% | |
| Q2 2022 | +2.9% | +1.8% | +3.2% | |
| Q1 2022 | +6.4% | +0.8% | +7.1% | |
| Q4 2021 | +2.3% | +1.0% | -10.1% | |
| Q3 2021 | -2.4% | -2.8% | -9.5% | |
| Q2 2021 | +3.5% | +4.2% | -1.3% | |
| Q1 2021 | -4.3% | -1.9% | -8.1% | |
| Q4 2020 | -4.3% | -5.8% | +9.4% | |
| Q3 2020 | +1.6% | +6.8% | +18.8% | |
| Q2 2020 | +0.2% | +4.2% | +2.6% | |
| Q1 2020 | -5.3% | +1.7% | +12.9% | |
| Q4 2019 | -0.6% | +0.4% | -26.5% | |
| Q3 2019 | +3.6% | +3.3% | +3.0% | |
| Q2 2019 | -4.4% | -5.9% | -2.8% | |
| Q1 2019 | -1.4% | -0.9% | +0.0% | |
| Q4 2018 | +4.1% | +1.8% | +4.8% | |
| Q3 2018 | +5.8% | +6.9% | +8.0% | |
| Q2 2018 | -1.0% | -0.5% | -0.9% | |
| Q1 2018 | -0.7% | -0.7% | -0.8% | |
| Q4 2017 | +6.5% | +5.3% | +12.5% | |
| Q3 2017 | +2.4% | +3.8% | +9.6% | |
| Q2 2017 | +3.4% | +4.2% | -2.6% | |
| Q1 2017 | -4.1% | -3.8% | -7.1% | |
| Q4 2016 | -2.7% | +0.0% | -1.1% | |
| Q3 2016 | -1.0% | +2.0% | +28.9% | |
| Q2 2016 | +8.5% | +11.5% | +15.5% | |
| Q1 2016 | -7.6% | — | — | |
| Q4 2015 | -2.8% | — | — | |
| Q3 2015 | -1.6% | — | — | |
| Q2 2015 | -2.6% | — | — | |
| Q1 2015 | +2.9% | — | — | |
| Q4 2014 | +3.6% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | -2.8% | — | — | |
| Q1 2014 | -2.1% | — | — | |
| Q4 2013 | +2.5% | — | — | |
| Q3 2012 | +4.7% | — | — | |
| Q3 2013 | +6.4% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — |
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