Benzinga | Jan 27, 2022 04:52PM EST

Federated Hermes Q4 EPS $0.71 Beats $0.70 Estimate, Sales $321.64M Miss $336.35M Estimate

Federated Hermes (NYSE:FHI) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.70 by 1.43 percent. This is a 23.66 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $321.64 million which missed the analyst consensus estimate of $336.35 million by 4.37 percent. This is a 11.62 percent decrease over sales of $363.92 million the same period last year.