earnings
confidence high
sentiment positive
materiality 0.70
Federated Hermes Q4 EPS $1.04; record AUM $829.6B; dividend $0.31
FEDERATED HERMES, INC.
2024-FY EPS reported
$3.23
revenue$1,632,093,000
- Q4 EPS $1.04 vs $0.96 YoY; net income $84.7M vs $82.2M.
- Total AUM record $829.6B at Dec 31, 2024, up 10% YoY; money market assets record $630.3B.
- Board declared quarterly dividend $0.31/share, payable Feb 14, 2025 to holders of record Feb 7.
- Full-year 2024 EPS $3.23 vs $3.40 in 2023, includes $66.3M intangible impairment in Q2.
- Repurchased 552,533 shares for $22.1M in Q4; full-year repurchases 4.0M shares for $133.6M.