Will Equitable Holdings (EQH) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Equitable Holdings, Inc. (EQH) has consistently surpassed earnings estimates, making it a strong candidate for investors looking for reliable performance [1][2] - The company has achieved an average earnings surprise of 1.40% over the last two quarters, indicating a positive trend in earnings performance [1][2] Earnings Performance - In the most recent quarter, Equitable Holdings reported earnings of $1.53 per share, exceeding the expected$1.52 per share by 0.66% [2] - For the previous quarter, the company reported $1.43 per share against an expectation of$1.40 per share, resulting in a surprise of 2.14% [2] Earnings Estimates and Predictions - Estimates for Equitable Holdings have been trending higher, supported by its history of earnings surprises [3] - The company currently has a positive Earnings ESP of +0.45%, indicating bullish sentiment among analysts regarding its earnings prospects [6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong likelihood of another earnings beat in the upcoming report [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - This means that out of 10 stocks with this combination, approximately seven could beat the consensus estimate [4] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5] - It is crucial for investors to check a company's Earnings ESP prior to quarterly releases to enhance the likelihood of successful investment decisions [8]