Federated Hermes (FHI) Tops Q3 Earnings and Revenue Estimates

Federated Hermes (FHI) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of$ 1.11 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +20.72%. A quarter ago, it was expected that this one of the nation's largest managers of money market funds would post earnings of$ 1.02 per share when it actually produced earnings of $1.16, delivering a surprise ...