AXA Equitable Holdings, Inc. (EQH) Misses Q1 EPS by 4c

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Go back to AXA Equitable Holdings, Inc. (EQH) Misses Q1 EPS by 4c

Equitable Holdings Reports First Quarter 2020 Results

May 7, 2020 4:15 PM EDT

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Net income of $5.4 billion; net income per common share of $11.65

Non-GAAP operating earnings1 of $515 million, or $1.08 per common share

Balance sheet and business model resilient amidst uncertain outlook

RBC ratio of 450-475%, well in excess of 375-400% minimum target and CTE98

Returned $274 million to shareholders; expect to continue delivering of 50-60% target payout ratio

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NEW YORK--(BUSINESS WIRE)-- Equitable Holdings, Inc. (Equitable Holdings, Holdings, or the... More