Recap: Federated Hermes Q4 Earnings

Federated Hermes FHI reported its Q4 earnings results on Thursday, January 27, 2022 at 04:17 PM.

Here's what investors need to know about the announcement.

Federated Hermes beat estimated earnings by 1.43%, reporting an EPS of $0.71 versus an estimate of $0.7, which did not surprise analysts.

Revenue was up $42.27 million from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 4.16% increase in the share price the next day.

Here's a look at Federated Hermes's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.71	0.66	0.78	0.79
EPS Actual	0.73	0.67	0.75	0.93
Revenue Estimate	337.57M	309.70M	345.62M	351.54M
Revenue Actual	326.59M	311.04M	341.17M	363.92M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.