earnings
confidence high
sentiment neutral
materiality 0.80
Equitable Holdings Q3 net loss $1.3B on reinsurance charge; adjusted operating EPS up 2%
Equitable Holdings, Inc.
2025-Q3 EPS reported
-$5.43
revenue$8,388,000,000
- Net loss of $1.3B ($4.47/share) driven by one-time life reinsurance transaction with RGA.
- Non-GAAP operating earnings $455M ($1.48/share); adjusted for notable items $510M ($1.67/share), up 2% YoY.
- Net inflows: Retirement $1.1B, Wealth Management $2.2B, Asset Management $1.7B excluding reinsurance impact.
- Acquiring Stifel Independent Advisors (>110 advisors, ~$9B AUM); capital deployment $1.5B including $757M buybacks/dividends.
- Record AUM of $1.1T; $500M debt repayment and ~$200M allocated to growth investments.