Equitable Holdings, Inc. is set to release its latest quarterly earnings on Sunday, May 3rd, with a consensus estimate of $1.63 EPS.
Equitable Holdings, Inc. is currently priced at $41.97, showing a 1% increase from the previous close. The trading volume stands at $337,842, representing an 8.81% increase compared to the average.
In the last earnings report on Tuesday, February 3rd, Equitable Holdings, Inc. reported an EPS of 71 cents, slightly below the consensus estimate of 1.75 EPS.
The company offers a forward dividend yield of 2.57% and a dividend per share of 27 cents quarterly, showing an 11.7021 cents increase year over year.
Equitable Holdings, Inc. shows a net change in cash of -$1 billion, with cash at the end of the period at $12.96 billion. Notably, the company has made acquisitions netting $67 million.
The company reported a net income of $215 million with revenues reaching $3.28 billion. Operating income stands at $344 million, with an EPS of 71 cents.
Key financial ratios include a gross profit margin of 88.07%, return on assets of 0.07, and a price to earnings ratio of 15.82.
Equitable Holdings, Inc. holds total assets worth $318.31 billion, with long-term investments at $80.33 billion and net debt standing at -$5.9 billion.
This comprehensive snapshot provides insights into Equitable Holdings, Inc.'s financial performance and expectations leading up to its upcoming earnings report.
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. 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 solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. 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.