EQH - Equitable Holdings Non-GAAP EPS of $1.17 misses by $0.07 revenue of $2.38B misses by $1.05B
2023-08-02 17:53:07 ET
- Equitable Holdings press release ( NYSE: EQH ): Q2 Non-GAAP EPS of $1.17 misses by $0.07 .
- Revenue of $2.38B (-49.3% Y/Y) misses by $1.05B .
- Integrated business model delivering strong results including record net inflows of $1.4 billion in Retirement 1 and $1.3 billion of net inflows in Wealth Management
- Cash generation 2 of $0.9 billion to Holdings year-to-date, on track to achieve $1.3 billion 2023 guidance
- Returned $304 million in the quarter, consistently delivering on payout target
- Net income of $759 million; Net income per share of $2.06
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Equitable Holdings Non-GAAP EPS of $1.17 misses by $0.07, revenue of $2.38B misses by $1.05B