secwatch.observer — SEC 8-K summary
======================================

Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001056288-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q2 EPS $0.64 beats $0.56 YoY; declares $0.27 dividend
----------------------------------------------------------------------

- Q2 2022 EPS $0.64 vs $0.56 in Q2 2021; net income $57.7M vs $55.9M.
- Revenue increased 18% to $55.0M primarily due to decrease in voluntary yield-related fee waivers.
- Total managed assets $631.9B, down 2% from $645.8B a year ago; equity assets down 19%.
- Board declared $0.27 quarterly dividend, payable Aug 15 to holders of record Aug 8.
- Repurchased 2.88M shares for $89.5M during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000029/0001056288-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000029/fhi-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001056288-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer