NYSE$FHI
Federated Hermes Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported earnings of $0.56 EPS, equity assets reached record $101 billion, and long-term assets reached a record $216 billion.
Federated Hermes reported Q2 2021 EPS of $0.56, compared to $0.80 for the same quarter last year, on net income of $55.9 million, compared to $81.2 million for Q2 2020. Total managed assets were a record $645.8 billion at June 30, 2021, up $17.0 billion or 3% from $628.8 billion at June 30, 2020.
- Q2 2021 earnings per diluted share of $0.56
- Equity assets reached a record $101 billion
- Long-term assets reached a record $216 billion
- Board declared $0.27 per share quarterly dividend
Headline financials
Revenue & EPS history
Federated Hermes · Revenue · Quarterly
$311M
Revenue by segment
Federated Hermes · $311M total across 3 segments · Q2 2021
- Advisory Fees$214M-12.6%68.9%
- Admin Fees$77.8M-7.1%25.0%
- Other Service Fees$19M-40.3%6.1%
Forward guidance
The negative impact on pre-tax income from minimum yield waivers on money market mutual funds and certain separate accounts may be approximately $38 million during Q3 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.1%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.4%
Avg return
30 days after
47%
31 / 66 earnings
Positive
+12.3%
Q3 2012
Best reaction
-12.9%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.0% | -4.3% | -3.5% | |
| Q4 2025 | +0.3% | +0.2% | +5.6% | |
| Q3 2025 | +4.5% | +6.2% | +6.1% | |
| Q1 2025 | +4.7% | +6.0% | +9.9% | |
| Q4 2024 | +0.1% | -1.0% | -2.5% | |
| Q3 2024 | +1.6% | +4.4% | +11.3% | |
| Q2 2024 | +0.8% | +0.3% | -1.8% | |
| Q1 2024 | -6.2% | -6.1% | -7.0% | |
| Q4 2023 | +2.2% | +5.7% | +2.5% | |
| Q3 2023 | +3.2% | +3.8% | +3.5% | |
| Q2 2023 | -6.7% | -7.2% | -5.1% | |
| Q1 2023 | -1.0% | -1.9% | -13.8% | |
| Q4 2022 | +3.0% | +4.6% | +3.5% | |
| Q3 2022 | +10.3% | +9.9% | +17.7% | |
| Q2 2022 | -1.2% | -1.7% | +0.3% | |
| Q1 2022 | -2.0% | +0.4% | +18.1% | |
| Q4 2021 | -0.3% | -0.8% | +0.3% | |
| Q3 2021 | +3.7% | +6.9% | +6.5% | |
| Q2 2021 | +0.2% | -0.1% | +6.7% | |
| Q1 2021 | -4.4% | +1.5% | +5.6% | |
| Q4 2020 | -5.7% | -4.9% | -6.7% | |
| Q3 2020 | +5.4% | +11.1% | +22.5% | |
| Q2 2020 | +6.8% | +3.4% | -0.5% | |
| Q1 2020 | -6.4% | -3.4% | -3.1% | |
| Q4 2019 | +6.1% | +9.7% | -15.5% | |
| Q3 2019 | -4.1% | -1.5% | +3.8% | |
| Q2 2019 | +4.9% | +3.3% | -6.0% | |
| Q1 2019 | -5.8% | -6.9% | -6.5% | |
| Q4 2018 | -1.6% | +3.1% | +11.7% | |
| Q3 2018 | +12.2% | +16.0% | +18.5% | |
| Q2 2018 | -0.0% | +3.2% | -1.0% | |
| Q1 2018 | -12.9% | -18.0% | -19.9% | |
| Q4 2017 | +4.3% | -0.3% | -4.8% | |
| Q3 2017 | +2.7% | +3.9% | +4.4% | |
| Q2 2017 | -4.1% | -3.4% | -8.5% | |
| Q1 2017 | -3.9% | -4.9% | -3.7% | |
| Q4 2016 | -5.2% | -5.7% | -1.5% | |
| Q3 2016 | +1.1% | -1.2% | +4.4% | |
| Q2 2016 | -0.1% | -1.0% | +1.2% | |
| Q1 2016 | -1.9% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | +5.5% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | +5.4% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | -2.4% | — | — | |
| Q4 2013 | -4.7% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | -3.0% | — | — | |
| Q1 2013 | -2.2% | — | — | |
| Q4 2012 | -1.9% | — | — | |
| Q3 2012 | +12.3% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | +3.3% | — | — | |
| Q4 2011 | -3.1% | — | — | |
| Q4 2008 | -3.1% | — | — | |
| Q3 2011 | -8.4% | — | — | |
| Q2 2011 | -4.8% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2010 | -4.0% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q2 2010 | +1.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q1 2010 | -4.4% | — | — |
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