Equitable Holdings (EQH) Tops Q3 EPS by 13c
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Equitable Holdings Reports Third Quarter 2022 Results
November 2, 2022 4:15 PM EDTSolid performance through continued market headwinds Net income of $273m; Net income per share of $0.69 Non-GAAP operating earnings1 of $498m, or $1.28 per share; adjusting for notable items2, Non-GAAP operating earnings of $511m, or $1.32 per share Economic balance sheet, supported by fair value hedging and conservatively positioned investment portfolio, prove resilient in volatile markets Results benefited from a favorable assumption update as economic reserves incorporate emerging... More
