Equitable Holdings, Inc. (NYSE:EQH) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results were mixed, with revenues of US$4.6b exceeding expectations, even as statutory earnings per share (EPS) fell badly short. Earnings were US$0.16 per share, -87% short of analyst expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Equitable Holdings after the latest results.

We've discovered 1 warning sign about Equitable Holdings. View them for free.NYSE:EQH Earnings and Revenue Growth May 2nd 2025

Following last week's earnings report, Equitable Holdings' eight analysts are forecasting 2025 revenues to be US$15.3b, approximately in line with the last 12 months. Per-share earnings are expected to jump 52% to US$5.94. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$15.7b and earnings per share (EPS) of US$6.08 in 2025. The analysts are less bullish than they were before these results, given the reduced revenue forecasts and the minor downgrade to earnings per share expectations.

View our latest analysis for Equitable Holdings

The analysts made no major changes to their price target of US$62.40, suggesting the downgrades are not expected to have a long-term impact on Equitable Holdings' valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Equitable Holdings analyst has a price target of US$77.00 per share, while the most pessimistic values it at US$55.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Equitable Holdings' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.6% growth on an annualised basis. This is compared to a historical growth rate of 2.2% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.0% per year. Factoring in the forecast slowdown in growth, it seems obvious that Equitable Holdings is also expected to grow slower than other industry participants.

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The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Equitable Holdings. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Equitable Holdings analysts - going out to 2027, and you can see them free on our platform here.

You still need to take note of risks, for example - Equitable Holdings has  1 warning sign  we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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