Benzinga | Apr 29, 2021 05:06PM EDT

Federated Hermes Q1 EPS $0.75 Misses $0.78 Estimate, Sales $341.17M Miss $345.62M Estimate

Federated Hermes (NYSE:FHI) reported quarterly earnings of $0.75 per share which missed the analyst consensus estimate of $0.78 by 3.85 percent. This is a 19.05 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $341.17 million which missed the analyst consensus estimate of $345.62 million by 1.29 percent. This is a 5.01 percent decrease over sales of $359.18 million the same period last year.