Federated Hermes (FHI) Misses Q1 EPS by 6c
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Federated Hermes, Inc. reports first quarter 2022 earnings
April 28, 2022 4:07 PM EDTQ1 2022 earnings per diluted share of $0.61 Board declares $0.27 per share quarterly dividend
PITTSBURGH, April 28, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.61 for Q1 2022, compared to $0.75 for the same quarter last year, on net income of $55.9 million for Q1 2022, compared to $74.5 million for Q1 2021.
Federated Hermes' total managed assets were $631.1 billion at March 31, 2022, up $6.1 billion or 1% from $625.0 billion at March 31, 2021 and down $37.8 billion or 6% from $668.9 billion at Dec. 31, 2021. Total average managed... More
