Equitable Holdings Inc expected to post earnings of $1.33 a share - Earnings Preview

Equitable Holdings

26/04/2024 22:40

* Equitable Holdings Inc  EQH.N   EQH  is expected to show a
rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The New York City-based  company is expected to report a
57.8% increase in revenue to $3.719 billion from $2.36 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (Sales/Revenue is based on Segment Revenue)
    * ​LSEG's mean analyst estimate for Equitable Holdings Inc
is for
earnings of $1.33 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Equitable
Holdings Inc is $41.00​, above​ its last closing price
of $36.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.15        1.16       1.33      Beat    14.8
 Sep. 30 2023  1.30        1.33       1.15      Missed  -13.7
 Jun. 30 2023  1.14        1.18       1.17      Missed  -0.8​
 Mar. 31 2023  1.17        1.19       0.96      Missed  -19.3
 ​​Dec.        1.25        1.26       1.11      Missed  -12
 31 2022                                                
 Sep. 30 2022  1.10        1.10       1.28      Beat    16​
 Jun. 30 2022  1.24        1.26       1.31      Beat    3.7
 Mar. 31 2022  1.51        1.51       1.36      Missed  -10.1
 This summary was machine generated April 26 at 21:40 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)