Learn more

Equitable Holdings, Inc. (NYSE: EQH) shares fell 10.9% since it reported second-quarter 2024 results on Jul 30, 2024, after the closing bell. Its strong second-quarter earnings benefited on the back of higher AUM/A, growth in spread income and fee-based revenues. Improved performance in Wealth Management and asset management were major tailwinds. However, the upside was partly offset by an elevated overall expense level. EQH reported second-quarter 2024 adjusted earnings per share of $1.43, which outpaced the Zacks Consensus Estimate by 2.1%. The bottom line jumped from $1.17 per share a year …

cuu