Federated Investors (FII) Tops Q4 EPS by 11c, Revenues Beat

Federated Investors (NYSE: FII) reported Q4 EPS of $0.81, $0.11 better than the analyst estimate of $0.70. Revenue for the quarter came in at $358.03 million versus the consensus estimate of $353.18 million.

"Federated reached new records across all three major asset classes—equity, fixed income and money market—with the latter increasing by $94 billion in 2019 as Federated's diverse lineup of liquidity products offered competitive yields for investors seeking cash-management solutions," said J. Christopher Donahue, president and chief executive officer. "Federated also saw strong sales in the Federated Kaufmann Small Cap Fund, the Hermes Global Equity ESG Fund and a range of other Hermes products."

For earnings history and earnings-related data on Federated Investors (FII) click here.

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