Benzinga | Oct 28, 2021 04:51PM EDT

Federated Hermes Q3 EPS $0.73 Beats $0.71 Estimate, Sales $326.58M Miss $337.57M Estimate

Federated Hermes (NYSE:FHI) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.71 by 2.82 percent. This is a 14.12 percent decrease over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $326.58 million which missed the analyst consensus estimate of $337.57 million by 3.26 percent. This is a 10.39 percent decrease over sales of $364.45 million the same period last year.