Benzinga | Jul 30, 2020 04:59PM EDT

Federated Hermes Q2 Diluted EPS $0.80 Beats $0.63 Estimate, Sales $360.71M Beat $352.14M Estimate

Federated Hermes (NYSE:FHI) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.63 by 26.98 percent. This is a 29.03 percent increase over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $360.71 million which beat the analyst consensus estimate of $352.14 million by 2.43 percent. This is a 12.20 percent increase over sales of $321.48 million the same period last year.