NYSE$FHI

Federated Hermes Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Federated Hermes reported an increase in EPS and net income for Q4 2019, driven by higher average money market and equity assets.

Federated Hermes reported Q4 2019 EPS of $0.81, compared to $0.61 for the same quarter last year, and net income of $82.1 million, compared to $61.5 million for Q4 2018. Total managed assets reached a record $575.9 billion. The board declared a $0.27 per share quarterly dividend.

  • Q4 2019 EPS was $0.81, up from $0.61 in the same quarter last year.
  • Net income for Q4 2019 increased to $82.1 million, compared to $61.5 million in Q4 2018.
  • Total assets under management reached a record $575.9 billion.
  • The board declared a quarterly dividend of $0.27 per share.

Headline financials

Total Revenue

$358M

Previous: $307M+16.5%
EPS (adj)

$0.81

Previous: $0.61+32.8%
Total AUM

$576B

No prior period
Capital Expenditures

$3.72M

Previous: $5.37M-30.7%
Free Cash Flow

$119M

Previous: $115M+3.8%
Net Income

$82.1M

Previous: $59.7M+37.5%
Operating Income

$103M

Previous: $88M+16.9%
Gross Profit

$247M

Previous: $208M+18.5%
Cash & Equivalents

$341M

Previous: $157M+117.2%
Total Assets

$1.88B

Previous: $1.54B+21.8%
Stock-Based Comp

$5.91M

Previous: $5.65M+4.6%

Revenue & EPS history

Federated Hermes · Revenue · Quarterly

$358M

Q4 2019+16.5%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Federated Hermes · $358M total across 3 segments · Q4 2019

  • Advisory Fees
    $244M
  • Admin Fees
    $69.6M
  • Other Service Fees
    $44.8M

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 Q4 2019

Historical avgQ4 2019

-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

Earnings price reactions
QuarterReport dateReaction (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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