6:07 am ING U.S. beats by $0.05 (VOYA) : Reports Q4 (Dec) earnings of $0.75 per share, $0.05 better than the Capital IQ Consensus Estimate of $0.70.
Retirement net flows of $363 million
Investment Management operating margin of 26.5% excluding results from investment capital; and net flows of $1.3 billion, excluding variable annuity outflows
Individual Life sales of $21 million, reflecting a shift to less capital-intensive products
Employee Benefits loss ratios of 78.4% for Stop Loss and 72.0% for Group Life -- within and better than the company's expected range, respectively
Total AUM of $274 billion and total assets under management and administration of $511 billion
Combined estimated risk-based capital (RBC) ratio of 504%6, above the company's target of 425%
Debt-to-capital ratio excluding accumulated other comprehensive income (AOCIF) of 23.5%
Book value per share (excluding AOCI) of $43.65
ING U.S., Inc. (VOYA) Tops Q4 EPS by 6c
6:08 AM ET, 02/12/2014 - Street Insider
ING U.S., Inc. (NYSE: VOYA) reported Q4 EPS of $0.75, $0.06 better than the analyst estimate of $0.69. Net income for the quarter came in at $352 million versus the consensus estimate of $310.23 million.