Federated Hermes Q1 2024 GAAP EPS $0.89 Beats $0.84 Estimate, Sales $396.371M Miss $401.259M Estimate
Author: Benzinga Newsdesk | April 25, 2024 05:25pm
Federated Hermes (NYSE:
FHI) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.84 by 5.95 percent. This is a 14.1 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $396.371 million which missed the analyst consensus estimate of $401.259 million by 1.22 percent. This is a 3.71 percent increase over sales of $382.189 million the same period last year.
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