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Jun 30, 2020
Federated Hermes Q2 2020 Earnings Report
Reported earnings for Q2 2020 with EPS of $0.80 and record managed assets.
Key Takeaways
Federated Hermes reported a strong Q2 2020, with earnings per diluted share of $0.80, up from $0.62 in Q2 2019. Net income increased to $81.2 million. Total managed assets reached a record $628.8 billion.
Earnings per diluted share were $0.80, compared to $0.62 for Q2 2019.
Net income for Q2 2020 was $81.2 million, compared to $62.7 million for Q2 2019.
Total managed assets reached a record $628.8 billion.
The board declared a quarterly dividend of $0.27 per share.
Federated Hermes
Federated Hermes
Federated Hermes Revenue by Segment
Forward Guidance
The level of business activity and financial results are dependent upon many factors, including market conditions, investment performance and investor behavior.
Revenue & Expenses
Visualization of income flow from segment revenue to net income