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Sep 30, 2022
Federated Hermes Q3 2022 Earnings Report
Federated Hermes' Q3 2022 earnings were reported, with EPS of $0.78.
Key Takeaways
Federated Hermes reported Q3 2022 earnings per diluted share of $0.78, compared to $0.73 for the same quarter last year, on net income of $69.5 million, compared to $71.4 million for Q3 2021. Total managed assets were $624.4 billion at Sept. 30, 2022.
Q3 2022 earnings per diluted share of $0.78.
Board declared $0.27 per share quarterly dividend.
Total managed assets were $624.4 billion at Sept. 30, 2022.
Net positive sales in equity, fixed-income, and alternative/private markets asset categories were observed.
Federated Hermes
Federated Hermes
Forward Guidance
The company's level of business activity and financial results are dependent upon many factors, including market conditions, investment performance and investor behavior.