Voya Meets 2Q Profit Forecasts

NEW YORK (AP) _ Voya Financial Inc. (VOYA) on Wednesday reported second-quarter profit of $161.5 million.

The New York-based company said it had profit of 79 cents per share.

The results matched Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was also for earnings of 79 cents per share.

The retirement, investment and insurance company posted revenue of $327.5 million in the period, beating Street forecasts. Twelve analysts surveyed by Zacks expected $310.6 million.

Voya shares have declined 32 percent since the beginning of the year. The stock has declined 46 percent in the last 12 months.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on VOYA at http://ift.tt/2aQYPC8

Keywords: Voya Financial, Earnings Report

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