Equitable Holdings (EQH) Tops Q1 EPS by 8c

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Go back to Equitable Holdings (EQH) Tops Q1 EPS by 8c

Equitable Holdings Reports First Quarter 2021 Results

May 5, 2021 4:15 PM EDT

Strong first quarter results evidenced by c. $4.6bn of net flows and AUM up 27%

Net loss of $1.5bn; net loss per share of $3.46

Non-GAAP operating earnings1 of $600m, or $1.35 per share

Balance sheet fortified by economic hedging with 95% effectiveness; supporting capital return of $504m to shareholders

Generating value through robust risk management; VA reinsurance transaction on track

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