Equitable Holdings Q4 adjusted EPS misses estimates

Equitable Holdings

04/02/2026 21:23

Overview

Financial services firm's Q4 adjusted EPS was $1.73, missing analyst expectations

Company reported Q4 net income of $215 million

Assets under management rose 10% yr/yr to $1.1 trillion

Outlook

Equitable Holdings expects 2026 cash generation to increase to approximately $1.8 bln

Company targets 12-15% EPS CAGR for 2023-2027

Equitable Holdings aims to reach $2 bln cash generation by 2027

Result Drivers

REINSURANCE TRANSACTION - Executed reinsurance deal with RGA, freeing $2 bln capital and reducing mortality exposure by 75%

WEALTH MANAGEMENT GROWTH - Wealth Management advisory net inflows of $8.4 bln for the year, with total assets under administration reaching $122 bln

RETIREMENT SEGMENT GROWTH - Retirement segment saw net inflows of $5.9 bln and first year premiums up 11%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Miss
$1.73
$1.76 (13 Analysts)
Q4 EPS
$0.70
Q4 Net Income
$215 mln
Q4 Adjusted Operating Earnings
$513 mln
Q4 Assets Under Management
$1.12 trln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified investment services peer group is "hold."

Wall Street's median 12-month price target for Equitable Holdings Inc is $61.50, about 37.6% above its February 3 closing price of $44.68

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBw1cfvba

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)