Federated Hermes (FHI) Reports Q2 Earnings: What Key Metrics Have to Say

Shares of Federated Hermes have returned +6.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. For the quarter ended June 2024, Federated Hermes (FHI) reported revenue of $402.58 million, down 7.1% over the same period last year. EPS came in at $0.96, compared to $0.81 in the year-ago quarter. The reported revenue represents a surprise of +1.31% over the Z ...