PITTSBURGH , Feb. 28, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today filed its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ended Dec. 31, 2024. Federated Hermes makes available all of its annual report documents and provides access to its other SEC filings on its website, either directly or via a link to EDGAR.
Steve Auth, Federated Hermes CIO of equities, joins 'The Exchange' to discuss Auth's thoughts on the overall equity picture.
PITTSBURGH , Feb. 4, 2025 /PRNewswire/ -- Federated Hermes, a global leader in active investing, today announced changes within the organization of its fixed-income group. The firm has named Kathryn (Katie) Glass, CFA, an experienced long-term Federated Hermes portfolio manager, as co-head of the Domestic High Yield Group, alongside Mark Durbiano, CFA, who has been with Federated Hermes for 42 years.
Federated Hermes, Inc. (NYSE:FHI ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and CEO Tom Donahue - CFO Deborah Cunningham - Chief Investment Officer, Money Markets Saker Nusseibeh - CEO, Federated Hermes Limited Conference Call Participants Patrick Davitt - Autonomous Research Michael Cahill - JPMorgan Dan Fannon - Jefferies Robin Holby - TD Cowen John Dunn - Evercore ISI Operator Greetings. Welcome to the Federated Hermes, Inc. Q4 2024 Analyst Call and Webcast.
FHI's fourth-quarter 2024 results benefit from increased revenues and total managed assets balances.
Although the revenue and EPS for Federated Hermes (FHI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Federated Hermes (FHI) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.96 per share a year ago.
Q4 2024 earnings per diluted share of $1.04; full-year 2024 EPS of $3.23 Total assets under management at record $829.6 billion Board declares $0.31 per share quarterly dividend PITTSBURGH , Jan. 30, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) for Q4 2024 of $1.04, compared to $0.96 for the same quarter last year, on net income of $84.7 million for Q4 2024, compared to $82.2 million for Q4 2023. Full-year 2024 EPS was $3.23, compared to $3.40 for 2023 on net income of $268.3 million for 2024, compared to $299.0 million for 2023.
Linda Duessel of Federated Hermes says there has been an increase in optimism for small-caps as beneficiaries of expected regulation cuts. She also says Scott Bessent's 3% deficit target could happen if the U.S. economy continues to grow.
PITTSBURGH , Jan. 9, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, will report financial and operating results for the quarter and year ended Dec. 31, 2024 after the market closes on Thursday, Jan. 30, 2025. A conference call for investors and analysts will be held at 9 a.m.