PITTSBURGH (AP) — PITTSBURGH (AP) — Federated Hermes, Inc. (FHI) on Thursday reported earnings of $104.3 million in its second quarter.
The Pittsburgh-based company said it had profit of $1.38 per share.
The one of the nation's largest managers of money market funds posted revenue of $502.8 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $494.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FHI at https://www.zacks.com/ap/FHI
/AI%20(artificial%20intelligence)/Ai%20chip%20by%20Quality%20Stock%20Arts%20via%20Shutterstock.jpg)
/A%20hand%20holding%20a%20phone%20with%20the%20Reddit%20logo_%20Mamun_Sheikh%20via%20Shutterstock_.jpg)