AXA Equitable Holdings, Inc. (EQH) Tops Q2 EPS by 12c

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Equitable Holdings Reports Second Quarter 2020 Results

August 4, 2020 4:15 PM EDT

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Results demonstrating business model resilience, manageable COVID-19 impacts

Strong balance sheet: c. 415% RBC ratio following $1.2bn upstream from Equitable Financial

Second quarter GAAP Net loss of $4.0 billion, or $8.96 per common share

Non-GAAP operating earnings1 of $459 million, or $1.00 per common share

Delivering on capital management program: returned $102m to shareholders in Q2; $376m YTD

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