The latest announcement is out from Equitable Holdings ( (EQH) ).
Equitable Holdings reported strong financial results for the full year and fourth quarter of 2024, with record net inflows in its Retirement, Wealth Management, and Asset Management segments. The company achieved a 15% increase in annual cash generation, enabling a $1.3 billion return to shareholders. Non-GAAP operating earnings per share increased by 29% from 2023, driven by steady growth in spread- and fee-based earnings. Looking forward, Equitable Holdings expects continued momentum in 2025, projecting growth in Non-GAAP operating EPS and increased cash generation.
More about Equitable Holdings
Equitable Holdings operates in the financial services industry, focusing on retirement, wealth management, asset management, and protection solutions. The company is well-positioned to benefit from growth in the US retirement market and offers advice-driven solutions.
YTD Price Performance: 11.78%
Average Trading Volume: 2,575,226
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.69B
For an in-depth examination of EQH stock, go to TipRanks’ Stock Analysis page.
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