Equitable Holdings (EQH) Tops Q3 EPS by 6c

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Go back to Equitable Holdings (EQH) Tops Q3 EPS by 6c

Equitable Holdings Reports Third Quarter 2020 Results

November 4, 2020 4:15 PM EST

Strong balance sheet, announced significant de-risking through legacy VA reinsurance transaction

Delivering on capital management program; announced $500 million incremental share repurchases in 2021

Third quarter GAAP Net loss of $779 million, or $1.77 per common share

Non-GAAP operating earnings1 of $568 million, or $1.24 per common share

Achieved run rate $75 million productivity target ahead of plan

NEW YORK--(BUSINESS WIRE)-- Equitable Holdings, Inc. (Equitable Holdings, Holdings, or the Company) (NYSE: EQH)... More