secwatch.observer — SEC 8-K summary
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Issuer:     Equitable Holdings, Inc. (EQH)
CIK:        0001333986
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001333986-23-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQH Q1 GAAP net income $177M ($0.45/shr); adjusted operating earnings $456M ($1.21/shr), down 18% YoY
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- Non-GAAP operating earnings $364M ($0.96/shr), or $456M ($1.21/shr) after adjusting for notable items; GAAP net income $177M ($0.45/shr).
- Core net inflows of $3.2B across Retirement, Asset and Wealth Management segments; returned $286M to shareholders in Q1.
- HoldCo cash $1.8B net of $520M debt repayment in April 2023; 96% of fixed maturities rated investment grade.
- Q1 adjusted operating EPS up 9% QoQ but down 18% YoY; company cites in-line expectations with equity markets driving fee-based earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333986/000133398623000008/0001333986-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333986/000133398623000008/axaeq-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001333986-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer