Federated Hermes, Inc. reports record assets under management with fourth quarter and full-year 2024 earnings
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Federated Hermes, Inc. reported record assets under management of $829.6 billion and Q4 2024 earnings per share of $1.04. The company declared a quarterly dividend of $0.31 per share. Despite a slight decrease in full-year EPS from 2023, the company shows strong financial performance.
January 30, 2025 | 9:30 pm
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Federated Hermes, Inc. reported record assets under management and strong Q4 2024 earnings, with a slight decrease in full-year EPS compared to 2023. The company declared a $0.31 per share quarterly dividend.
Federated Hermes reported record assets under management and a strong Q4 EPS, indicating robust financial health. The declaration of a quarterly dividend further supports a positive outlook. Despite a slight decrease in full-year EPS, the overall performance is strong, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100