earnings
confidence high
sentiment neutral
materiality 0.70
Equitable Holdings FY2022 adjusted EPS $5.55, down 8% YoY; net income $1.8B
Equitable Holdings, Inc.
2022-FY EPS reported
$4.49
revenue$14,017,000,000
- Full-year net income of $1.8B ($4.49 per share); Non-GAAP operating earnings of $2.0B ($5.08 per share).
- After adjusting for notable items, Non-GAAP operating earnings of $2.2B ($5.55 per share), down 8% vs. prior year.
- Record new business value and $10B of net inflows across Core Retirement, Wealth Management and Asset Management.
- Achieved $180M incremental general account investment income target one year ahead of schedule.
- Returned $1.3B of capital in 2022; experienced heightened Q4 mortality due to COVID and flu.