Federated Hermes (NYSE:FHI) Posts Earnings Results, Beats Expectations By $0.04 EPS
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2023-04-28 22:31
Federated Hermes (NYSE:FHI) Posts Earnings Results, Beats Expectations By $0.04 EPS
Federated Hermes ( NYSE:FHI – Get Rating ) released its earnings results on Thursday. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04, Briefing.com reports. The business had revenue of $382.20 million during the quarter, compared to analyst estimates of $390.85 million. Federated Hermes had a net margin of 16.57% and a return on equity of 26.80%. The business's quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.

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