Why Federated Hermes (FHI) Could Beat Earnings Estimates Again

Core Viewpoint - Federated Hermes is well-positioned to continue its earnings-beat streak, having consistently surpassed earnings estimates in recent quarters [1][3]. Earnings Performance - In the most recent quarter, Federated Hermes reported earnings of $1.06 per share, exceeding the expected $0.92 per share by a surprise of 15.22% [2]. - For the previous quarter, the company reported $0.96 per share against an expectation of $0.89 per share, resulting in a surprise of 7.87% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Federated Hermes, with a positive Earnings ESP of +5.52%, indicating bullish sentiment among analysts regarding the company's earnings prospects [3][6]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat [6]. Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5].