Federated Hermes (FHI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

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 ...