Equitable Q2 2023 Earnings Report

Equitable EPS Results

• Actual EPS: $1.17
• Consensus EPS: $1.17
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Equitable Revenue Results

• Actual Revenue: $3.34 billion
• Expected Revenue: $3.39 billion
• Beat/Miss: Missed by -$52.66 million
• YoY Revenue Growth: N/A

Equitable Announcement Details

• Quarter: Q2 2023
• Date: 8/2/2023
• Time: N/A

Equitable (NYSE:EQH), together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related services to various clients through institutional. The Protection Solutions segment provides life insurance products, such as VUL insurance and IUL insurance, term life, and employee benefits business, such as dental, vision, life, as well as short- and long-term disability insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.