Equitable Hldgs Q2 Adj $1.43 Beats $1.40 Estimate, Sales $3.51B Miss $3.81B Estimate
Portfolio Pulse from Benzinga Newsdesk
Equitable Holdings (NYSE: EQH) reported Q2 earnings of $1.43 per share, beating the estimate of $1.40. However, sales of $3.51 billion missed the $3.81 billion estimate.
July 30, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Equitable Holdings reported Q2 earnings of $1.43 per share, beating the estimate of $1.40. However, sales of $3.51 billion missed the $3.81 billion estimate.
While the earnings per share beat expectations, the significant miss on sales could create mixed reactions in the market. Investors may be concerned about the revenue shortfall despite the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100