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Stock impact report

Equitable Holdings Reports First Quarter 2024 Results [Yahoo! Finance]

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Retirement premiums and deposits up 42% versus 1Q'23, driving net inflows of $1.5 billion Positive Asset Management active net inflows of $3.7 billion, driven by momentum in Retail Net income of $114 million, or $0.30 per share Non-GAAP operating earnings of $490 million, or $1.43 per share; adjusting for notable items , Non-GAAP operating earnings of $491 million, or $1.43 per share Returned $326 million to shareholders in the quarter, in line with 60-70% payout ratio target NEW YORK, April 30, 2024 BUSINESS WIRE )--Equitable Holdings, Inc. ("Equitable Holdings", "Holdings", or the "Company") (NYSE: EQH) today announced financial results for the first quarter ended March 31, 2024. "We reported non-GAAP operating earnings of $1.43 per share, up 49% compared to the prior year quarter. After adjusting for notable items in both periods, non-GAAP EPS rose 18%. Strong sales and net flows across our businesses are driving increases in both spread- and fee-based earnings, and Eq Show less Read more
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