Federated Hermes (FHI) Q2 Earnings and Revenues Beat Estimates

This quarterly report represents an earnings surprise of 7.87%. A quarter ago, it was expected that this one of the nation's largest managers of money market funds would post earnings of $0.89 per share when it actually produced earnings of $0.89, delivering no surprise. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. What's Next for Federated Hermes? Empiric ...