Equitable Holdings’ Estimates Lowered to Reflect Market Conditions
<p>RBC Capital analysts lowered their estimates on <a href='https://financialmodelingprep.com/financial-summary/EQH'> Equitable Holdings, Inc. (NYSE:EQH) </a>to factor in market-related impacts on expected results for Q2. </p>
<p>Q2/22 EPS estimate moved to $1.30 from $1.51 to account for changes in fees, DAC, and investment income assumptions. According to the analysts, these adjustments are market related and reflective of equity and investment market weakness. </p>
<p>The analysts maintained their outperform rating and $36 price target on the company’s shares. </p>
NYSE:EQH