Equitable Holdings (EQH) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, Equitable Holdings, Inc. (EQH) reported revenue of $3.78 billion, up 9.1% over the same period last year. EPS came in at $1.53, compared to $1.15 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.85 billion, representing a surprise of -1.95%. The company delivered an EPS surprise of +0.66%, with the consensus EPS estimate being $1.52.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Equitable Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Individual Retirement - Account Values - Total - Net flows: $1.91 billion compared to the $1.54 billion average estimate based on two analysts. Individual Retirement - Account Values - General Account - Balance as of end of period: $66.47 billion compared to the $64.69 billion average estimate based on two analysts. Individual Retirement - Separate Accounts: $42.39 billion versus the two-analyst average estimate of $41.10 billion. Individual Retirement - Total Account Value - EOP: $108.87 billion versus $105.79 billion estimated by two analysts on average. Segment revenues- Corporate and Other: $246 million versus $260 million estimated by three analysts on average. Segment revenues- Legacy: $117 million compared to the $199.10 million average estimate based on three analysts. Segment revenues- Wealth Management: $450 million versus $451.95 million estimated by three analysts on average. Segment revenues- Protection Solutions: $839 million versus the two-analyst average estimate of $850.66 million. Individual Retirement- Policy charges, fee income and premiums: $224 million versus the two-analyst average estimate of $179.82 million. Individual Retirement- Net investment income (loss): $635 million versus the two-analyst average estimate of $582.14 million. Individual Retirement- Net derivative gains (losses): -$5 million compared to the -$5.99 million average estimate based on two analysts. Individual Retirement- Investment management, service fees and other income: $90 million versus $94.06 million estimated by two analysts on average. View all Key Company Metrics for Equitable Holdings here>>>Shares of Equitable Holdings have returned +5.2% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equitable Holdings, Inc. (EQH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks