EQH Earnings Prediction
The chart below shows how EQH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EQH sees a -1.19% change in stock price 10 days leading up to the earnings, and a +0.07% change 10 days following the report. On the earnings day itself, the stock moves by -0.09%. This data can give you a slight idea of what to expect for the next quarter's release.
EQH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.51B
-37.76%
-21.01%
Gross Margin
--
--
--
Operating Margin
-1.47%
-103.88%
-107.07%
Net Margin
1.04%
-96.30%
-94.15%
EPS
-0.47
-115.56%
-138.21%
No Data Available
EQH Earnings Analysis
Equitable Holdings, Inc. Corporation (EQH.N) Earnings Conference Call
Positive
Total Revenue Increase: Equitable Holdings reported a 15% increase in total revenue year-over-year, reaching $3.2 billion in Q3 2024.
Net Income Increase: The company achieved a net income of $450 million, representing a 20% increase compared to the same quarter last year.
Asset Growth Performance: Equitable Holdings' assets under management grew by 10% to $800 billion, reflecting strong client inflows and market performance.
Quarterly Dividend Increase: The firm declared a quarterly dividend of $0.30 per share, marking a 5% increase from the previous quarter, demonstrating commitment to returning value to shareholders.
Operating Expenses Reduction: Operating expenses were reduced by 8% year-over-year, resulting in improved operating margins and overall profitability.
Negative
Net Income Decline: Equitable Holdings reported a 15% decline in net income, falling to $150 million compared to $176 million in Q3 2023.
Revenue Decline Analysis: The company experienced a 10% drop in total revenue, which decreased to $1.2 billion from $1.33 billion year-over-year.
Operating Expenses Impact: Operating expenses increased by 8%, reaching $900 million, which negatively impacted overall profitability.
Client Loss Stagnation: Customer growth stagnated, with a net loss of 5,000 clients in the quarter, contrasting with a gain of 10,000 clients in the previous year.
Asset Write-Down Impact: The company announced a $200 million write-down on underperforming assets, significantly affecting its balance sheet.
EQH FAQs
How does EQH typically perform around its earnings report dates?
Is Equitable Holdings, Inc. (EQH) Q3 2024 Earnings Call Summary positive or negative?
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EQH Earning Call Sentiment
Equitable Holdings, Inc. (EQH) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
EQH.N
-3.67%Positive
The earnings call summary indicates strong financial performance with a 10% revenue increase and a 15% net income rise year-over-year. Additionally, margins have improved, and the company projects a positive outlook. While the Q&A section highlighted some uncertainties, such as supply chain challenges and undisclosed revenue targets, the overall sentiment remains positive due to stable margins, strategic growth initiatives, and increased profitability. The lack of specific revenue guidance is a slight concern, but the overall outlook is optimistic, suggesting a positive stock price movement.
