Equitable Holdings Inc (NYSE:EQH)
$ 40.48 0.25 (0.62%) Market Cap: 13.17 Bil Enterprise Value: 9.84 Bil PE Ratio: 12.46 PB Ratio: 28.03 GF Score: 79/100

Axa Equitable Holdings Inc at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 11, 2019 / 01:40PM GMT
Release Date Price: $24.27 (-0.74%)
Taylor Alexander Scott
Goldman Sachs Group Inc., Research Division - Equity Analyst

We'll go ahead and get started. Yes, I'd first like to say thank you for being here. We have Anders Malmström from AXA Equitable Holdings. He's the CFO.

Questions & Answers

Taylor Alexander Scott
Goldman Sachs Group Inc., Research Division - Equity Analyst

And -- so maybe if we could just start with a general update on the objectives around the time of the IPO and just how it's all progressing, what you're focused on looking forward.

Anders Bjorn MalmstrÃ;m
AXA Equitable Holdings, Inc. - Senior EVP & CFO

¶ -

Yes. So good morning, everybody. So yes, look, we IPO-ed, I think, a little bit more than 18 months ago. We had some clear objectives over the first 3 years. We want to grow the earnings by 5% to 7%. We'll now have a capitalization at about -- above CTE98 for VAs and the 350 to 400 RBC for non-VAs.

Want to get back about -- at the beginning, we said between 40% and 60%, we -- and then

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot