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Dec 31, 2023
Federated Hermes Q4 2023 Earnings Report
Federated Hermes' Q4 2023 earnings were reported, with EPS of $0.96 and net income of $82.2 million.
Key Takeaways
Federated Hermes reported Q4 2023 earnings per diluted share of $0.96, compared to $0.63 for the same quarter last year, on net income of $82.2 million, compared to $56.5 million for Q4 2022. The company's total managed assets reached a record $757.6 billion.
Q4 2023 earnings per diluted share (EPS) reached $0.96.
Net income for Q4 2023 was reported as $82.2 million.
Total managed assets reached a record $757.6 billion.
The board declared a quarterly dividend of $0.28 per share.
Federated Hermes
Federated Hermes
Forward Guidance
The company will host an earnings conference call at 9 a.m. Eastern on Jan. 26, 2024.