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EQH — Equitable Holdings News Story

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Equitable Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Equitable Holdings Inc EQH.N reported quarterly adjusted earnings of $1.10​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.43.  The mean expectation of twelve analysts for the quarter was for earnings of $1.29 per share. Wall Street expected results to range from $1.24  to $1.34 per share.

Revenue fell 34.8% to $2.36 billion from a year ago; analysts expected $3.93 billion.

Equitable Holdings Inc's reported EPS for the quarter was a loss of $1.21​.

The company reported a quarterly loss of $367 million.

Equitable Holdings Inc shares had fallen by 9.6% this quarter and gained 7.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 24.8% in the last three months.​

In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified investment services peer group is also "buy"

Wall Street's median 12-month price target for Equitable Holdings Inc is $66.00, about 22.8% above its last closing price of $50.93

This summary was machine generated from LSEG data August 6 at 12:48 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.291.10Missed
Mar. 31 20251.471.30Missed
Dec. 31 20241.621.57Missed
Sep. 30 20241.531.53Met

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