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Sep 30, 2023
Federated Hermes Q3 2023 Earnings Report
Reported earnings per diluted share of $0.86 and total assets under management reached a record high of $715.2 billion.
Key Takeaways
Federated Hermes reported Q3 2023 earnings with an EPS of $0.86, compared to $0.78 for the same quarter last year, and net income of $75.0 million, compared to $69.5 million for Q3 2022. Total managed assets reached a record $715.2 billion.
Q3 2023 earnings per diluted share (EPS) of $0.86.
Net income for Q3 2023 was $75.0 million.
Total managed assets reached a record $715.2 billion.
Money market assets reached a record $525.1 billion.
Forward Guidance
Federated Hermes will host an earnings conference call at 9 a.m. Eastern on Oct. 27, 2023.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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