This article is about a company called Equitable Holdings, which had its share price go down by 10.9% after it reported its second-quarter earnings. The company makes money from managing money for other people and also from selling insurance policies. The company made more money this quarter than last quarter because it had more money under its management and because it got more money from fees and from investments. However, the company also spent more money on things like paying its workers and paying for expenses related to its insurance business. This made its profits lower than they could have been.

The article also talks about the different parts of the company and how they performed during the second quarter. Some parts of the company made more money than expected, while others made less. The company expects to make more money every year until 2027.

The article then suggests some other companies in the same industry that might be good investments, based on their growth and their recent performance. Read from source...

1. The title is misleading and sensationalized: "Equitable Holdings Stock Plunges 11% On Q2 Earnings Miss Despite Strong AUM/A Growth".
2. The article claims that the stock fell 10.9% since the earnings report, but the title suggests a 11% drop, which creates a sense of panic and exaggeration.
3. The article states that the earnings missed the consensus estimate by 4.4%, but it does not provide any evidence or explanation for this claim. This creates a negative impression of the company's performance without any justification.
4. The article does not mention any of the positive aspects of the earnings report, such as the strong AUM/A growth, the increase in premiums, and the rise in net investment income. This creates a one-sided and biased view of the company's results.
5. The article uses words like "upside" and "offset" when referring to the company's strong AUM/A growth and fee-based revenues, which implies that these factors are not significant or meaningful. This is irrational and dismissive of the company's core strengths.
6. The article compares the company's performance to other players in the same industry, such as Jackson Financial, WisdomTree, and HIVE Digital Technologies. However, it does not provide any context or comparison of the companies' sizes, markets, or business models. This creates an unfair and misleading comparison that favors the other companies.
7. The article ends with a link to a Zacks.com article that repeats many of the same criticisms and inaccuracies of the original article. This creates a circular and self-referential source of information that lacks credibility and originality.

- The article discusses Equitable Holdings' Q2 2024 earnings report and its subsequent stock price decline.
- The company reported strong earnings due to higher AUM/A, growth in spread income, and fee-based revenues.
- However, the stock price fell due to an elevated overall expense level.
- The article also provides a detailed segmental update and financial update.
- The company expects to reach $2 billion of annual cash generation by 2027.
- The article ends with a discussion of other stocks in the same space that may be more attractive.

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The original article is copyrighted by Zacks Investment Research.