Federated Hermes, Inc. (FHI) Q3 2024 Earnings Call Transcript
Federated Hermes, Inc. (NYSE:FHI ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Ray Hanley - President, Federated Investors Management Company Chris Donahue - President and Chief Executive Officer Tom Donahue - Chief Financial Officer Deborah Cunningham - Chief Investment Officer, Money Markets Saker Nusseibeh - Chief Executive Officer , Federated Hermes Limited Conference Call Participants Patrick Davitt - Autonomous Research Ken Worthington - JPMorgan Chase Bill Katz - TD Cowen Kenneth Lee - RBC Capital Markets Dan Fannon - Jefferies Brennan Hawken - UBS John Dunn - Evercore ISI Brian Bedell - Deutsche Bank Securities Patrick Davitt - Autonomous Research Operator Good day, and welcome to the Federated Investors Management Company Q3 2024 Analyst Call and webcast. At this time all participants are on a listen-only mode.
Federated Hermes Q3 Earnings Beat Estimates, Revenues & AUM Rise Y/Y
FHI's third-quarter 2024 results benefit from y/y increases in revenues and AUM.
Federated Hermes (FHI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Federated Hermes (FHI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Federated Hermes (FHI) Q3 Earnings Top Estimates
Federated Hermes (FHI) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.86 per share a year ago.
Unlocking Q3 Potential of Federated Hermes (FHI): Exploring Wall Street Estimates for Key Metrics
Evaluate the expected performance of Federated Hermes (FHI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Federated Hermes (FHI) Earnings Expected to Grow: Should You Buy?
Federated Hermes (FHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
All You Need to Know About Federated Hermes (FHI) Rating Upgrade to Buy
Federated Hermes (FHI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
FHI or OWL: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Financial - Investment Management sector might want to consider either Federated Hermes (FHI) or Blue Owl Capital Inc. (OWL). But which of these two stocks offers value investors a better bang for their buck right now?
Are Investors Undervaluing Federated Hermes (FHI) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Chinese stocks are cheap but a sustainable rally depends on investor confidence: Federated Hermes
Jonathan Pines, head of Asia ex-Japan equity at Federated Hermes, discusses the stock rally that stimulus measures from China's central bank prompted.
Is the Options Market Predicting a Spike in Federated Hermes (FHI) Stock?
Investors need to pay close attention to Federated Hermes (FHI) stock based on the movements in the options market lately.
Federated Rides on Acquisitions and AUM Growth, High Costs Ail
FHI's strategic acquisition of money market assets is likely to continue supporting its AUM growth. However, its rising expense base is a concern.
