Benzinga | Jul 29, 2021 05:15PM EDT

Federated Hermes Q2 EPS $0.56 Misses $0.66 Estimate, Sales $311.04M Beat $309.70M Estimate

Federated Hermes (NYSE:FHI) reported quarterly earnings of $0.56 per share which missed the analyst consensus estimate of $0.66 by 15.15 percent. This is a 30 percent decrease over earnings of $0.80 per share from the same period last year. The company reported quarterly sales of $311.04 million which beat the analyst consensus estimate of $309.70 million by 0.43 percent. This is a 13.77 percent decrease over sales of $360.71 million the same period last year.