Equitable Holdings (EQH) Tops Q4 EPS by 44c
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Equitable Holdings Reports Full Year and Fourth Quarter 2020 Results
February 23, 2021 4:15 PM ESTAchieved all financial targets and strategic initiatives given at the time of the IPO
Solid results in a challenging year supported by c. $8bn1 of net inflows and AUM up 10%
Full year net loss of $648m; net loss per share of $1.56
Non-GAAP operating earnings2 of $2.3bn, or $4.99 per share
Strong balance sheet supported capital return of $1.1bn to shareholders; authorized new $1bn share repurchase program for 2021
Improved risk profile with... More
