secwatch.observer — SEC 8-K summary
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Issuer:     Equitable Holdings, Inc. (EQH)
CIK:        0001333986
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001333986-23-000014
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equitable Holdings targets 12-15% annual Non-GAAP EPS growth through 2027; ~$2B cash generation by 2027
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- Non-GAAP EPS annual growth guidance of 12-15% through 2027, off 2022 base of $4.97 per share.
- Expects ~$2 billion annual cash generation by 2027, a 50% increase from ~$1.3B in 2023.
- Payout ratio guidance increased to 60-70% of Non-GAAP operating earnings.
- $10 billion additional general account commitment to AB Private Markets, total $20B since 2020.
- AB Adjusted Operating Margin target of 350-500 bps improvement by 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333986/000133398623000014/0001333986-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333986/000133398623000014/axaeq-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001333986-23-000014

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