Federated Hermes (FHI) Matches Q1 Earnings Estimates

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 ...