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Sep 30, 2020
Federated Hermes Q3 2020 Earnings Report
Reported earnings for Q3 2020 and declared a cash dividend per share of $1.27.
Key Takeaways
Federated Hermes reported Q3 2020 earnings per diluted share of $0.85, compared to $0.72 for the same quarter last year, on net income of $85.8 million, compared to $73.0 million for Q3 2019. Total managed assets were $614.8 billion at Sept. 30, 2020.
Q3 2020 earnings per diluted share of $0.85 compared to $0.72 for Q3 2019.
Net income for Q3 2020 was $85.8 million, compared to $73.0 million for Q3 2019.
Equity assets were $80 billion.
Fixed-income assets reached a record $80 billion.