Equitable Holdings (EQH) Tops Q1 EPS by 2c
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Equitable Holdings Reports First Quarter 2022 Results
May 9, 2022 4:15 PM EDTStrong net inflows of $12bn supporting AUM growth of 4% year-over-year Net income of $573m; Net income per share of $1.43 Non-GAAP operating earnings1 of $548m, or $1.36 per share; adjusting for notable items2, Non-GAAP operating earnings of $615m, or $1.53 per share Fair value management supports capital return during volatile markets; including $461m in Q13 Acquisition of CarVal Investors will expand ABs Private Markets AUM to nearly $50bn4 and creates new growth opportunities to diversify and expand... More
