What to Expect from Federated Hermes's Earnings
Portfolio Pulse from Benzinga Insights
Federated Hermes (NYSE:FHI) is set to release its quarterly earnings report on October 24, 2024, with analysts estimating an EPS of $0.91. Despite a positive 52-week performance, the company faces challenges in revenue growth and profitability compared to peers. Analysts maintain a Neutral rating with a price target suggesting a potential downside.
October 23, 2024 | 5:02 pm
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Federated Hermes is expected to report an EPS of $0.91. Despite a strong 52-week performance, the company faces challenges in revenue growth and profitability compared to peers. Analysts maintain a Neutral rating with a price target suggesting a potential downside.
Federated Hermes is about to release its earnings, with an expected EPS of $0.91. The company's past performance shows mixed results, with a recent EPS beat not translating into positive stock movement. Analysts' Neutral rating and a price target below current trading levels suggest limited short-term upside. The company's challenges in revenue growth and profitability compared to peers further contribute to a neutral short-term outlook.
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