Federated Hermes Q3 2022 EPS $0.78 vs $0.73 YoY; managed assets $624.4B

FEDERATED HERMES, INC.

2022-Q3 EPS reported $2.02 revenue$1,071,915,000

Q3 2022 EPS of $0.78 (diluted) on net income of $69.5M, compared to $0.73 on $71.4M a year ago.
Revenue rose 17% YoY to $54.6M, driven by lower voluntary yield-related fee waivers.
Total managed assets were $624.4B at Sept. 30, 2022, down 2% from Sept. 30, 2021.
Board declared $0.27 per share dividend, payable Nov. 15, 2022 to holders of record Nov. 8, 2022.
Closed acquisition of C.W. Henderson & Associates, a municipal-bond SMA specialist, effective Oct. 1, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FEDERATED HERMES, INC. reported YTD 2022 results: net income $183.0 million, EPS $2.02.

Period: YTD 2022
Net income: $183.0 million
EPS: $2.02
Result: reported results

Exact text from the filing

Federated Hermes reported YTD 2022 EPS of $2.02, compared to $2.04 for the same period in 2021, on YTD 2022 net income of $183.0 million, compared to $201.7 million for the same period in 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FEDERATED HERMES, INC. reported third quarter 2022 results: net income $69.5 million, EPS $0.78.

Period: third quarter 2022
Net income: $69.5 million
EPS: $0.78
Result: reported results

Exact text from the filing

Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) of $0.78 for Q3 2022, compared to $0.73 for the same quarter last year, on net income of $69.5 million for Q3 2022, compared to $71.4 million for Q3 2021.

View on SEC.gov

Browse all earnings releases →

FEDERATED HERMES, INC. filing history →

Source: SEC EDGAR

accession 0001056288-22-000034

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.