The earnings call presented a mixed picture with significant achievements such as record assets under management and progress in strategic initiatives, but also notable challenges including a decline in EPS, higher mortality claims, and net outflows in asset management. The company's efforts to mitigate these issues and future growth prospects suggest cautious optimism.

Company Guidance

In the second quarter of 2025, Equitable Holdings reported non-GAAP operating earnings of $352 million, or $1.10 per share, a decrease of 23% year-over-year. Adjusted for notable items, the non-GAAP operating EPS was $1.41, down 8% from the previous year, largely due to higher individual life mortality claims and lower average equity market levels. The company recorded a record $1.1 trillion in assets under management and administration, marking a 5% increase year-to-date. Equitable Holdings' Retirement businesses generated $1.9 billion in net inflows, while Wealth Management saw $2 billion in advisory net inflows, reflecting a 12% trailing 12-month organic growth rate. AllianceBernstein (AB) faced $6.7 billion in net outflows but showed a recovery with net inflows in June and a 20% year-over-year increase in private markets AUM to $77 billion. Equitable Holdings returned $318 million to shareholders this quarter, representing a 74% payout ratio, and targets $1.6 billion to $1.7 billion in organic cash generation for 2025. Following a significant reinsurance transaction with RGA, which released over $2 billion of capital, Equitable plans to execute at least $500 million in share repurchases and debt repayment by year-end.

Record Assets Under Management

Assets under management and administration at quarter end totaled a record $1.1 trillion, up 5% year-to-date.

Strong Retirement Business Performance

Retirement businesses produced $1.9 billion of net inflows in the second quarter, driven by strong wireless sales and $250 million of BlackRock, LifePath, Paycheck, net inflows.

Wealth Management Growth

Wealth Management had another strong quarter with $2 billion of advisory net inflows and a trailing 12-month organic growth rate of 12%.

Reduction in Mortality Exposure

Mortality exposure has been reduced by 75%, which is expected to reduce future earnings volatility.

Significant Capital Management Initiatives

Closed a landmark Individual Life reinsurance transaction with RGA, freeing over $2 billion of capital.

Incremental Share Repurchases Planned

Company plans to execute at least $500 million of incremental share repurchases and repay some debt before year-end.

Progress in Strategic Initiatives

Significant progress in executing strategic initiatives to reduce earnings volatility and improve returns on capital.

Equitable Holdings (EQH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EQH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.69 / -	1.53	―	―	―
Aug 05, 2025	2025 (Q2)	1.28 / 1.10	1.43	-23.08% (-0.33)
Apr 29, 2025	2025 (Q1)	1.47 / 1.30	1.43	-9.09% (-0.13)
Feb 05, 2025	2024 (Q4)	1.62 / 1.57	1.33	18.05% (+0.24)
Nov 04, 2024	2024 (Q3)	1.53 / 1.53	1.15	33.04% (+0.38)
Jul 30, 2024	2024 (Q2)	1.40 / 1.43	1.17	22.22% (+0.26)
Apr 30, 2024	2024 (Q1)	1.33 / 1.43	0.96	48.96% (+0.47)
Feb 06, 2024	2023 (Q4)	1.20 / 1.33	1.11	19.82% (+0.22)
Oct 31, 2023	2023 (Q3)	1.32 / 1.15	1.28	-10.16% (-0.13)
Aug 02, 2023	2023 (Q2)	1.15 / 1.17	1.31	-10.69% (-0.14)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EQH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$50.93	$51.15	+0.43%
Apr 29, 2025	$50.49	$48.94	-3.07%
Feb 05, 2025	$52.70	$51.48	-2.31%
Nov 04, 2024	$44.11	$43.61	-1.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Equitable Holdings (EQH) report earnings?

Equitable Holdings (EQH) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Equitable Holdings (EQH) earnings time?

Equitable Holdings (EQH) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EQH EPS forecast?

EQH EPS forecast for the fiscal quarter 2025 (Q3) is 1.69.

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