Benzinga | Oct 28, 2021 05:45PM EDT

Federated Hermes: Q3 Earnings Insights

Federated Hermes (NYSE:FHI) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:17 PM.

Here's what investors need to know about the announcement.

Earnings

Federated Hermes beat their estimated earnings by 2.82%, reporting an EPS of $0.73 versus an estimate of $0.71, which did not surprise analysts.

Revenue was up $37,866,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 2.05% drop in the share price the next day.

Here's a look at Federated Hermes's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.66 0.78 0.79 0.71EPS Actual 0.67 0.75 0.93 0.85Revenue Estimate 309.70M 345.62M 351.54M 356.55MRevenue Actual 311.04M 341.17M 363.92M 364.45M

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