Equitable Holdings (EQH) Tops Q2 EPS by 5c
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Equitable Holdings Reports Second Quarter 2022 Results
August 3, 2022 4:15 PM EDTResults demonstrate strong balance sheet and resilient business model; economic management and fair value hedging support 440% combined RBC ratio, above 375-400% target Net income of $1.7bn; Net income per share of $4.47 Non-GAAP operating earnings1 of $526m, or $1.31 per share; adjusting for notable items2, Non-GAAP operating earnings of $531m, or $1.33 per share Equitable Financial upstreamed a $0.9bn dividend to Holdings in July AB completed acquisition of Carval Investors, expanding Private Markets AUM to... More
