Federated Hermes Past Earnings Performance

Past criteria checks 6/6

Federated Hermes has been growing earnings at an average annual rate of 0.6%, while the Capital Markets industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 4.4% per year. Federated Hermes's return on equity is 25.3%, and it has net margins of 17.9%.

Key information

0.6%

Earnings growth rate

4.2%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	4.4%
Return on equity	25.3%
Net Margin	17.9%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises

May 03

Federated Hermes (NYSE:FHI) Is Paying Out A Larger Dividend Than Last Year

Apr 29

The Market Doesn't Like What It Sees From Federated Hermes, Inc.'s (NYSE:FHI) Earnings Yet

Apr 09

Federated Hermes acquires assets of registered investment advisor C.W. Henderson

Jul 18

Federated Hermes (NYSE:FHI) Has Announced A Dividend Of US$0.27

May 03

Federated Hermes: All Eyes On Rate Hikes And Alternatives' Growth Potential

Apr 22

Federated Hermes (NYSE:FHI) Has Affirmed Its Dividend Of US$0.27

Jan 31

Revenue & Expenses Breakdown
Beta

How Federated Hermes makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:FHI Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	1,624	291	611
31 Dec 23	1,610	285	608
30 Sep 23	1,592	260	605
30 Jun 23	1,570	254	603
31 Mar 23	1,503	240	579
31 Dec 22	1,446	228	527
30 Sep 22	1,394	240	476
30 Jun 22	1,339	242	420
31 Mar 22	1,284	241	374
31 Dec 21	1,300	259	368
30 Sep 21	1,343	285	373
30 Jun 21	1,381	299	402
31 Mar 21	1,430	323	445
31 Dec 20	1,448	314	498
30 Sep 20	1,442	301	534
30 Jun 20	1,418	289	548
31 Mar 20	1,379	271	541
31 Dec 19	1,327	262	517
30 Sep 19	1,276	242	492
30 Jun 19	1,244	229	477
31 Mar 19	1,179	206	453
31 Dec 18	1,136	212	437
30 Sep 18	1,107	279	432
30 Jun 18	1,076	276	428
31 Mar 18	1,093	290	442
31 Dec 17	1,103	280	457
30 Sep 17	1,115	207	480
30 Jun 17	1,131	206	494
31 Mar 17	1,145	205	500
31 Dec 16	1,143	201	499
30 Sep 16	1,097	193	459
30 Jun 16	1,037	182	419
31 Mar 16	978	172	380
31 Dec 15	927	163	345
30 Sep 15	901	155	331
30 Jun 15	883	149	327
31 Mar 15	868	144	325
31 Dec 14	859	143	323
30 Sep 14	856	145	322
30 Jun 14	851	145	321
31 Mar 14	862	149	324
31 Dec 13	878	156	340
30 Sep 13	908	163	345
30 Jun 13	935	180	357

Quality Earnings: FHI has high quality earnings.

Growing Profit Margin: FHI's current net profit margins (17.9%) are higher than last year (16%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FHI's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: FHI's earnings growth over the past year (20.9%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: FHI earnings growth over the past year (20.9%) exceeded the Capital Markets industry 5.2%.

Federated Hermes Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Federated Hermes, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Full year 2023 earnings: EPS exceeds analyst expectations

Federated Hermes, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations

Recent updates

Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises

Federated Hermes (NYSE:FHI) Is Paying Out A Larger Dividend Than Last Year

First quarter dividend increased to US$1.31

Federated Hermes, Inc. Declares Special Dividend, Payable on May 15, 2024

Federated Hermes, Inc. Declares Quarterly Dividend, Payable on May 15, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

The Market Doesn't Like What It Sees From Federated Hermes, Inc.'s (NYSE:FHI) Earnings Yet

Federated Hermes, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Federated Hermes, Inc., Annual General Meeting, Apr 25, 2024

Federated Hermes Premier Municipal Income Fund Declares Dividend, Payable on April 1, 2024

Insider recently sold US$500k worth of stock

Full year 2023 earnings: EPS exceeds analyst expectations

Insider recently sold US$3.2m worth of stock

Upcoming dividend of US$0.28 per share at 3.1% yield

Fourth quarter dividend of US$0.28 announced

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Federated Hermes: Watch Out For Positive Surprises

Federated Hermes, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Federated Hermes, Inc.'s (NYSE:FHI) Prospects Need A Boost To Lift Shares

Insider recently sold US$292k worth of stock

Federated Hermes: Good Candidate For Peak Rates Theme

Upcoming dividend of US$0.28 per share at 3.6% yield

Federated Hermes, Inc. Declares Dividend, Payable on November 15, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

Federated Hermes, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$0.035 per share at 3.2% yield

Federated Hermes: The Future Is Bright

Insider recently sold US$271k worth of stock

Now 25% undervalued after recent price drop

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Price target decreased by 7.5% to US$40.43

Federated Hermes, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Insider recently sold US$1.6m worth of stock

Now 21% undervalued after recent price drop

Federated Hermes: Positives Aren't Priced In

Federated Hermes, Inc.(NYSE:FHI) dropped from Russell Small Cap Comp Growth Index

President recently sold US$4.6m worth of stock

Now 20% undervalued after recent price drop

Federated Hermes, Inc. Names Jim Roland as Head of Distribution for Asia Pacific

President notifies of intention to sell stock

VP & Chief Compliance Officer recently sold US$176k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 7.2% to US$42.43

Vice President recently sold US$557k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Lead Independent Director recently sold US$386k worth of stock

Upcoming dividend of US$0.27 per share at 2.8% yield

Federated Hermes (NYSE:FHI) Has Announced A Dividend Of $0.27

Full year 2022 earnings: EPS misses analyst expectations

Federated Hermes, Inc. Declares Quarterly Dividend, Payable on February 15, 2023

Federated Hermes Q4 2022 Earnings Preview

Federated Hermes, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Now 20% undervalued

Insider notifies of intention to sell stock

Insider recently sold US$719k worth of stock

Insider recently sold US$251k worth of stock

Federated Hermes, Inc. Launches U.S. Strategic Dividend ETF

Less than half of directors are independent

Now 21% undervalued

Federated Hermes goes ex dividend monday

Insider recently sold US$498k worth of stock

Upcoming dividend of US$0.27 per share

Federated Hermes (NYSE:FHI) Will Pay A Dividend Of $0.27

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Federated Hermes, Inc. Declares Dividend, Payable on November 15, 2022

Federated Hermes: Watch Recent Acquisition And Upcoming Earnings

Federated Hermes, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Insider recently sold US$503k worth of stock

Revenue & Expenses Breakdown
Beta