Recap: Federated Hermes Q1 Earnings - Federated Hermes (NYSE:FHI)

Federated Hermes FHI reported its Q1 earnings results on Thursday, April 28, 2022 at 04:17 PM.

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

Federated Hermes missed estimated earnings by 8.96%, reporting an EPS of $0.61 versus an estimate of $0.67.

Revenue was down $16.41 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.84% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.70	0.71	0.66	0.78
EPS Actual	0.71	0.73	0.67	0.75
Revenue Estimate	336.35M	337.57M	309.70M	345.62M
Revenue Actual	321.64M	326.59M	311.04M	341.17M

To track all earnings releases for Federated Hermes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.