Federated(FHI)

Search documents
Federated(FHI) - 2024 Q2 - Quarterly Results
2024-07-25 21:05
Exhibit 99.1 Federated Hermes, Inc. reports record assets under management with second quarter 2024 earnings (PITTSBURGH, Pa., July 25, 2024) — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.20 for Q2 2024, compared to $0.81 for the same quarter last year, on net income of $21.0 million for Q2 2024, compared to $72.2 million for Q2 2023. Federated Hermes' Q2 2024 results include a $66.3 million non- cash expense, or ...
Federated Hermes (FHI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-18 15:09
The earnings report, which is expected to be released on July 25, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $397.56 million, down 8.2% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.71% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collect ...
Federated Hermes, Inc. announces second quarter 2024 earnings and conference call dates
Prnewswire· 2024-07-02 20:15
A telephone replay of the call will begin at approximately 12:30 p.m. Eastern on July 26, 2024. To access the telephone replay, dial 877-481-4010 (domestic) or 919-882-2331 (international) and enter the access code 50846. The online replay will be available via FederatedHermes.com/us for one year. SOURCE Federated Hermes, Inc. Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit FederatedHermes.com/us for real-time Internet acc ...
Federated Hermes (FHI) is a Top Dividend Stock Right Now: Should You Buy?
Zacks Investment Research· 2024-05-06 16:51
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its ...
Federated(FHI) - 2024 Q1 - Quarterly Report
2024-04-26 20:27
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________________ FORM 10-Q ______________________________________________________________________________________ (Mark One) Commission File Number 001-14818 _______________________________________________________________________________________ Federated Hermes, Inc. (Exact name of registrant as specified in its charter) ___________________________ ...
Federated Hermes (FHI) Q1 Earnings Meet, Expenses Rise Y/Y
Zacks Investment Research· 2024-04-26 16:11
Federated Hermes, Inc.’s (FHI) first-quarter 2024 earnings per share of 89 cents met the Zacks Consensus Estimate. The bottom line increased from 78 cents in the year-ago quarter.An increase in net investment advisory fees and net administrative service fees are the major driving factors. However, higher expense levels were headwinds.Net income was $75 million, up 8% from the year-ago quarter.Revenues Improve, Operating Expenses RiseTotal revenues improved 4% year over year to $396.4 million. The top line s ...
Federated Hermes (FHI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-26 01:01
Federated Hermes (FHI) reported $396.37 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.7%. EPS of $0.89 for the same period compares to $0.78 a year ago.The reported revenue represents a surprise of +22.00% over the Zacks Consensus Estimate of $324.89 million. With the consensus EPS estimate being $0.89, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Federated Hermes (FHI) Matches Q1 Earnings Estimates
Zacks Investment Research· 2024-04-25 23:25
Federated Hermes (FHI) came out with quarterly earnings of $0.89 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this one of the nation's largest managers of money market funds would post earnings of $0.84 per share when it actually produced earnings of $0.96, delivering a surprise of 14.29%.Over the last four quarters, the company has surpassed consensus EPS ...
Federated(FHI) - 2024 Q1 - Quarterly Results
2024-04-25 21:21
Exhibit 99.1 Federated Hermes, Inc. reports first quarter 2024 earnings of $0.89; Board declares cash dividend of $1.31 ($0.31 quarterly and $1.00 special) • Special dividend of $1.00 is the sixth declared since 2008 (PITTSBURGH, Pa., April 25, 2024) — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.89 for Q1 2024, compared to $0.78 for the same quarter last year, on net income of $75.0 million for Q1 2024, compared ...
This is Why Federated Hermes (FHI) is a Great Dividend Stock
Zacks Investment Research· 2024-04-19 16:47
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it ...