Federated Hermes (NYSE:FHI) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:17 PM.
Here's what investors need to know about the announcement.
Earnings
Federated Hermes missed estimated earnings by 8.96%, reporting an EPS of $0.61 versus an estimate of $0.67.
Revenue was down $16.41 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.84% increase in the share price the next day.
Here's a look at Federated Hermes's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.70 | 0.71 | 0.66 | 0.78 |
| EPS Actual | 0.71 | 0.73 | 0.67 | 0.75 |
| Revenue Estimate | 336.35M | 337.57M | 309.70M | 345.62M |
| Revenue Actual | 321.64M | 326.59M | 311.04M | 341.17M |
To track all earnings releases for Federated Hermes visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
