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Stock impact report

Equitable Holdings Reports Third Quarter 2024 Results

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Strong organic growth momentum with net inflows of $1.7 billion in Retirement1, $1.9 billion in Wealth Management and $1.1 billion in Asset ManagementRecord assets under management and administration of $1.0 trillion, up 20% year-over-yearNet loss of $134 million, or $(0.47) per share, Non-GAAP operating earnings2 of $501 million, or $1.53 per share; adjusting for notable items3, Non-GAAP operating earnings of $521 million, or $1.59 per shareReturned $330 million to shareholders, in-line with 60-70% payout ratio targetExpect 2024 cash generation4 at the high end of the Company’s $1.4 billion to $1.5 billion guidance NEW YORK--(BUSINESS WIRE)--Equitable Holdings, Inc. (“Equitable Holdings”, “Holdings”, or the “Company”) (NYSE: EQH) today announced financial results for the third quarter ended September 30, 2024.“Our third quarter results highlight sustained organic growth momentum across the company. Non-GAAP operating earnings per share of $1.53 increased 34% from the prior year qu Show less Read more
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