-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：EQH公佈2026年第一季營運每股收益為1.62美元，高於去年同期的1.30美元，高於市場普遍預期的1.61美元，但低於我們先前預測的1.85美元。營運收入下降3%，低於我們先前預測的3%至8%的成長，主要原因是保單收入下降33%，保費收入下降21%（儘管投資收益和資產管理費有所增長）。我們積極看待EQH宣布與Corebridge Financial（CRBG 27 NR）的合併，該合併將以全股票交易方式進行，預計將於2026年底完成。合併後，EQH股東將持有合併後公司49%的股份，每股EQH股票將獲得1.55516股合併後公司的股票，董事會席位將平均分配。 EQH預計將於5月5日召開投資者電話會議，更新其策略方向和併購計畫。我們認為，EQH 於 2025 年 7 月完成的人壽再保險交易釋放了 20 億美元的資本，並將死亡率風險降低了 75%，這支持了其向更以收費為基礎的模式的轉變，而任命 Nick Chan 為併購主管則表明，通過收購繼續實現增長是其關鍵戰略。
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