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Equitable Holdings Inc   (EQH)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial


 

Equitable Holdings Inc

EQH's Financial Statements and Analysis



Equitable Holdings Inc reported in the first quarter of 2024 net earnings per share of $0.30 a decrease by -33.33 % year on year from $0.45 and an improvement compare to net loss per share of $-2.15 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ 0.3 $  2,230 Mill
$-0.15     -33.33 % $-127M     -5.39 %



Equitable Holdings Inc 's Revenue fell by -5.39 % in first quarter of 2024 (Mar 31 2024) year on year, to $2,230 million and advanced by 2.76 % sequentially.


Equitable Holdings Inc is

More on EQH's Income Statement



Equitable Holdings Inc 's net income of $217.000 million in the first quarter of 2024 decreased by -18.42 % from net earnings of $266.000 million achieved in I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-589.000 million recorded in previous quarter.

More on EQH's Growth

Equitable Holdings Inc Inventories
EQH's Cash flow In the first quarter of 2024 company's net cash flow was $2,284 million


Equitable Holdings Inc payed out dividend of $0.71 per share in last 52 weeks representing 21.98 % of net earning per share in trailing twelve-month period.

During the same period Equitable Holdings Inc earned $ 1.23 cash per share, on a free-cash flow basis 38.15 % of net earning per share.

Book value fell by -9.68 % sequentially to $11.29 per share.
Tangible Book value fell to $ 11.29 per share from $ 12.50.

Company repurchased 18.45 million shares or 5.25 % in Mar 31 2024.
Interest Coverage Ratio was 7.45. Debt Coverage Ratio was 0.43.

More on EQH's Dividends

 Market Capitalization (Millions) 14,007
 Shares Outstanding (Millions) 333
 Total Debt (Millions $) 3,821
 Revenue (TTM) (Millions $) 10,401
 Net Income (TTM) (Millions $) 1,594
 Cash Flow (TTM) (Millions $) 5,506
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.71 $
 Dividend Yield TTM (%) 1.69 %
 Employees (TTM) $ 9,700




Equitable Holdings Inc payed out dividend of $0.71 per share in the last 52 weeks representing 21.98 % of net earning per share in trailing twelve-month period.

During the same period Equitable Holdings Inc had $ 1.23 cash flow per share, on a free-cash flow basis 38.15 % of net earning per share.

Book value fell by -9.68 % sequentially to $11.29 per share.
Tangible Book value fell to $ 11.29 per share from $ 12.50.

Company repurchased 18.45 million shares or 5.25 % in Mar 31 2024.
Interest Coverage Ratio was 7.45. Debt Coverage Ratio was 0.43.

More on EQH's Balance Sheets

 Market Capitalization (Millions) 14,007
 Shares Outstanding (Millions) 333
 Total Debt (Millions $) 3,821
 Revenue (TTM) (Millions $) 10,401
 Net Income (TTM) (Millions $) 1,594
 Cash Flow (TTM) (Millions $) 5,506
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0.71 $
 Dividend Yield TTM (%) 1.69 %
 Employees (TTM) $ 9,700
   


  News about Equitable Holdings Inc Earnings

Equitable Holdings Inc Sees Solid Share Price Gain, But Revenue Slips by -5.388%

Equitable Holdings Inc, a leading financial services organization, has experienced a solid gain in its shares over the past five trading days. With a 5.05% increase, the share price has risen by 1.68% during the second quarter of 2024. This positive momentum brings the shares very close to its 52-week high of $38.44, only 1% shy.
However, it is worth noting that the company's net profit per share has dropped by -33.33% from $0.45 to $0.30 compared to the previous year. Despite this decrease, the net profit per share has turned positive from -$2.15 in the previous financial reporting period. In terms of revenue, there has been a decline of -5.388% to $2.23 billion from $2.36 billion in the same period las...

2. Weathering the Storm: Equitable Holdings Inc's Financial Performance Amidst Revenue Growth and a Deficit Per Share



Equitable Holdings Inc, a leading insurance brokerage company, recently reported its financial results for the October to December 31, 2023 fiscal period. While the company experienced a significant revenue increase, it also faced a substantial deficit per share. Moreover, Equitable made some notable advancements in its digital infrastructure. This article aims to interpret these financial results and analyze their potential implications for the company's future.
Financial Performance: Revenue Growth and Deficit
Equitable Holdings Inc witnessed a remarkable 14.451% increase in revenue compared to the previous year, amounting to $2.17 billion in the fourth quarter of 2023. However, the compa...

Equitable Holdings Inc Soars to New Heights with Mind-Blowing Third Quarter Earnings in 2023

The stock market has seen its fair share of ups and downs over the years, but when a company like Equitable Holdings Inc shows such impressive growth, it's hard not to get excited. The third quarter of 2023 was undoubtedly a remarkable period for Equitable Holdings Inc, as they showcased an astounding elevation in both earnings per share (EPS) and revenue.
EPS skyrocketed by an incredible 337.68% year on year, reaching an impressive $3.02 per share. This represents a significant leap from the previous year's figure of $2.06 per share. Similarly, revenue saw a healthy increase of 20.439%, surpassing $3.62 billion during the same period. This growth is a clear testament to the company's dedication and abil...

Equitable Holdings Inc Reports $292 Million Income Tax Refund, Boosting Earnings Amid Declining EPS

The stock market is always buzzing with news and updates, providing investors with insights into the performance of different companies. One such company that has garnered attention recently is Equitable Holdings Inc. Despite some challenging numbers, there are several positive aspects to consider.
For the April to June 30, 2023 interval, Equitable Holdings Inc experienced a significant decline in EPS, plummeting by -53.91% to $2.06 per share when compared to $4.47 per share the previous year. However, it is important to note that the income per share grew rapidly by an impressive 357.78% from $0.45 per share in the previous quarter. This growth shows that the company is actively working towards improvin...

Equitable Holdings Inc. Surges Ahead with $725 Million Windfall from Tax Provisions

In its first quarter of 2023, Equitable Holdings Inc. reported a positive return on asset (ROA) of 1.03%, which is above the company's average return on assets of -0.05%. However, despite net income growth from the fourth quarter of 2022, the ROA fell compared to the fourth quarter of 2022. Additionally, among 473 other companies in the financial sector, Equitable Holdings Inc. had a lower return on assets.
The company's overall ranking in terms of ROA advanced in the Mar 31, 2023 quarter, moving up to 1699 from fourth quarter's 2684. However, with 473 other Financial sector companies having a higher ROA, there is still room for Equ...


Date modified: 2024-05-03T14:24:27+00:00





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