Equity Profile

VOYA

Voya Financial, Inc.

FinancialsDiversified Financial Services$9.0B

Aug4Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Voya Financial, Inc. is a financial services company that provides retirement, investment, and insurance solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and will help gauge Voya's financial health this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract new customers, which is vital for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

VOYA Q2-2026 Earnings Preview

Context

Company Snapshot

Voya Financial, Inc. is a financial services company that provides retirement, investment, and insurance solutions. Operating in the Financials sector, Voya plays a crucial role in helping individuals and organizations manage their financial futures, especially in an environment where retirement planning and investment strategies are increasingly important.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+20.04%

Avg Stock Reaction

-0.25%

Last Quarter Recap

In Q1-2026, Voya reported an EPS of $2.26, exceeding expectations by 11.88%. The stock reacted positively, gaining 1.33% the following day.

Management Promises & Guidance

Continued focus on enhancing retirement solutions.
Commitment to improving customer engagement and satisfaction.
Plans to optimize operational efficiency.

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Voya's upcoming earnings, given its strong track record of beating EPS estimates. However, the lack of specific guidance may lead to uncertainty.

Bull Case

If Voya can deliver strong EPS and revenue growth, it could reinforce investor confidence and drive the stock higher, especially considering its recent performance.

Bear Case

Conversely, if Voya fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility in the options market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

The EPS figure is critical for assessing Voya's profitability and will heavily influence market sentiment.

How is Voya addressing customer engagement and retention?

Given the competitive landscape in financial services, insights into customer strategies could impact future growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Voya's ability to leverage its recent operational improvements to drive higher EPS this quarter.

Supporting Evidence

Voya has consistently beaten EPS estimates in the past, with an 88% beat rate over the last eight quarters.

The options market is pricing a larger move than historical averages, indicating potential for a surprise.

Recent operational efficiencies may not be fully reflected in current estimates.

Key Risk

If Voya's EPS exceeds $2.40, it could challenge the current cautious outlook and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Voya's ability to maintain strong earnings amidst market volatility and competition.

Bull Confirmed If

An EPS of $2.40 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $2.00 would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±10.02%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move of about 10% in either direction, indicating heightened uncertainty around the earnings report.

Options are pricing ±10.0% while VOYA has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

24.8%

Calls (15K)P/C Ratio: 0.01Puts (200)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Voya beats expectations, history suggests a positive reaction with an average 1-day move of +0.07%, confirming bullish sentiment.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may experience muted movement as investors reassess future growth.

Miss

A miss could lead to a decline, with history suggesting an average 1-day move of -2.49%, reflecting disappointment among investors.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any specific guidance on EPS for Q2-2026.
2Updates on customer engagement strategies and their effectiveness.
3Insights into revenue growth from retirement solutions.
4Management's outlook on market conditions and competition.
5Details on operational efficiencies and cost management.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Voya Financial, Inc. is a financial services company that provides retirement, investment, and insurance solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of a company's profitability and will help gauge Voya's financial health this quarter.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and attract new customers, which is vital for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

VOYA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+20.04%

Avg Stock Reaction

-0.25%

Last Quarter Recap

In Q1-2026, Voya reported an EPS of $2.26, exceeding expectations by 11.88%. The stock reacted positively, gaining 1.33% the following day.

Management Promises & Guidance

Continued focus on enhancing retirement solutions.
Commitment to improving customer engagement and satisfaction.
Plans to optimize operational efficiency.

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Voya's upcoming earnings, given its strong track record of beating EPS estimates. However, the lack of specific guidance may lead to uncertainty.

Bull Case

If Voya can deliver strong EPS and revenue growth, it could reinforce investor confidence and drive the stock higher, especially considering its recent performance.

Bear Case

Conversely, if Voya fails to meet expectations or provides weak guidance, it could lead to a significant sell-off, especially given the high implied volatility in the options market.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

The EPS figure is critical for assessing Voya's profitability and will heavily influence market sentiment.

How is Voya addressing customer engagement and retention?

Given the competitive landscape in financial services, insights into customer strategies could impact future growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Voya's ability to leverage its recent operational improvements to drive higher EPS this quarter.

Supporting Evidence

Voya has consistently beaten EPS estimates in the past, with an 88% beat rate over the last eight quarters.

The options market is pricing a larger move than historical averages, indicating potential for a surprise.

Recent operational efficiencies may not be fully reflected in current estimates.

Key Risk

If Voya's EPS exceeds $2.40, it could challenge the current cautious outlook and drive the stock higher.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Voya's ability to maintain strong earnings amidst market volatility and competition.

Bull Confirmed If

An EPS of $2.40 or higher would confirm the bull case, indicating strong profitability.

Bear Confirmed If

An EPS below $2.00 would confirm the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±10.02%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a significant move of about 10% in either direction, indicating heightened uncertainty around the earnings report.

Options are pricing ±10.0% while VOYA has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

24.8%

Calls (15K)P/C Ratio: 0.01Puts (200)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Voya beats expectations, history suggests a positive reaction with an average 1-day move of +0.07%, confirming bullish sentiment.

In-Line / Cautious

If results are in line but management's commentary is cautious, the stock may experience muted movement as investors reassess future growth.

Miss

A miss could lead to a decline, with history suggesting an average 1-day move of -2.49%, reflecting disappointment among investors.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any specific guidance on EPS for Q2-2026.
2Updates on customer engagement strategies and their effectiveness.
3Insights into revenue growth from retirement solutions.
4Management's outlook on market conditions and competition.
5Details on operational efficiencies and cost management.