Federated Hermes (FHI) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 23, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

1.17

Last Year’s EPS

1.25

Same Quarter Last Year

Analyst Consensus

Hold

Based on 4 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Jan 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed multiple strong positive developments: record and rising AUM, standout equity and MDT sales performance, record money market balances, successful private fundraising and a healthy pipeline, revenue growth, strategic expansion (Asia and UK), and active digital/tokenization initiatives. Notable challenges include fixed income outflows, a meaningful increase in distribution expenses tied to share-class mix, reduced performance fees, acquisition-related costs, and expected seasonal Q1 headwinds to revenue and higher compensation expense. On balance, the breadth and magnitude of the positive business and product performance highlights outweigh the operational and timing-related lowlights.

Company Guidance

Management offered detailed guidance and metrics: they closed 2025 with record AUM of $903B (recent managed assets ~ $909B), including money‑market assets of ~$683B (reported also as ~$684B a few days later) and money‑market mutual fund assets near $500–508B, equities ~$101B, fixed income ~$100–101B, alternatives ~$19.5B and multi‑asset ~$3B; they expect the FCP acquisition to close in 2026 (target Q2) with additional transaction costs of about $9.2M and an initial purchase consideration of $215.8M cash plus $23.2M in Class B stock, an estimated 2026 tax rate of 25–28% (24.4% effective in Q4), and Q1 seasonality that should lower revenues by ~$10.2M and distribution expense by ~$2.6M while increasing compensation-related expenses by roughly $8M; Q4 results showed revenue up $13.4M (3%)—driven by ~$8M from higher money‑market assets and $5.5M from equities—operating expenses up $7.3M (2%, distribution expense +$8.8M), cash & investments of $724M ($680M ex non‑controlling interest), and a business pipeline including ~$2.7B of unfunded institutional mandates (≈$1.2B to private markets, $1.4B to equities — ~$1.3B to MDT — and ~$0.1B to low‑duration fixed income); notable flows and fundraising: 2025 gross equity sales $31B (Q4 $9B) with full‑year net equity inflows $4.6B (vs $10.7B net redemptions in 2024), MDT Q4 gross sales ~$4B and >$2B net (MBE 2025 gross $19.1B/net $13B), fixed income assets ~$100B with Q4 net redemptions $2.8B (ultra‑short inflows +$624M), and private markets closings including EDL III $780M and PEC VI ~ $300M to date.

Record Assets Under Management

Ended fiscal year with record AUM of $903 billion; more recent managed assets reported at approximately $909 billion (including $684 billion in money markets, $101 billion in equities, $101 billion in fixed income, $19.5 billion in alternative/private markets, and $3 billion in multi-asset).

Strong Equity Sales and MDT Momentum

Full-year 2025 gross equity sales reached a record $31 billion (including $9 billion in Q4). Q4 equity assets increased $3.2 billion (+3% q/q) with Q4 net equity sales $1.5 billion and full-year net equity sales $4.6 billion (vs net redemptions of $10.7 billion in 2024). MDT strategies: Q4 record gross sales of $4 billion and over $2 billion in net sales; 2025 MBE gross sales $19.1 billion and net sales $13 billion (both record highs).

Positive Fund Performance Metrics

MDT performance: 6 of 9 MDT strategies in top performance quartile and 4 in top decile for trailing three years (Morningstar). Overall equity funds: 49% beating peers and 27% in the top quartile (trailing three years). Fixed income: 42% beating peers and 18% in the top quartile (trailing three years).

Money Market Franchise Expansion and Record Levels

Total money market assets rose by $30 billion to $683 billion at year-end; money market fund assets increased $6 billion (+3% q/q) to $508 billion while money market separate accounts rose $14 billion in Q4. Estimated money market fund market share ~7% (slightly down from 7.1% in Q3).

Private Markets Fundraising and Pipeline

European direct lending III final close raised $780 million (EDL I $330M, EDL II ~$700M historically). PEC global private equity co-invest (vintage six) closed ~ $300 million to date; prior PEC vintages raised ~$400–$600M each (PEC V ~ $500M). Net institutional mandates yet to fund ~ $2.7 billion (approx. $1.2B expected into private markets, $1.4B into equities, $0.1B into fixed income).

Revenue Growth and Operational Drivers

Total Q4 revenue increased $13.4 million (+3% q/q); incremental revenue driven by higher money market assets (+$8M) and higher equity assets (+$5.5M). Q4 operating expenses rose modestly (+$7.3M, +2% q/q) primarily from higher distribution expenses tied to larger fund assets.

Digital Asset and Tokenization Initiatives

Launched strategic digital initiatives including partnership with Archax (tokenized money market funds), sub-advisory role on a private tokenized fund, and participation in a BNY/Goldman mirrored tokenization initiative; pipeline of tokenization projects and potential institutional and retail use cases (collateral, margining, real-time settlement).

Strategic Expansion and M&A Progress

Progress toward FCP acquisition expected to close in 2026 to augment UK-based US multifamily housing expertise; UK real estate team selected as exclusive developer for a significant mixed-use Manchester project; announced planned Hong Kong office to deepen Asia Pacific presence (subject to approvals).

Federated Hermes (FHI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FHI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2026 (Q1)	1.17 / -	1.25	―	―	―
Jan 29, 2026	2025 (Q4)	1.22 / 1.39	1.04	33.65% (+0.35)
Oct 30, 2025	2025 (Q3)	1.13 / 1.34	1.06	26.42% (+0.28)
Jul 31, 2025	2025 (Q2)	1.03 / 1.16	0.2	480.00% (+0.96)
Apr 24, 2025	2025 (Q1)	0.91 / 1.25	0.89	40.45% (+0.36)
Jan 30, 2025	2024 (Q4)	0.97 / 1.04	0.96	8.33% (+0.08)
Oct 24, 2024	2024 (Q3)	0.92 / 1.06	0.86	23.26% (+0.20)
Jul 25, 2024	2024 (Q2)	0.88 / 0.20	0.81	-75.31% (-0.61)
Apr 25, 2024	2024 (Q1)	0.89 / 0.89	0.78	14.10% (+0.11)
Jan 25, 2024	2023 (Q4)	0.84 / 0.96	0.63	52.38% (+0.33)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FHI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 29, 2026	$53.03	$53.28	+0.47%
Oct 30, 2025	$46.98	$48.15	+2.49%
Jul 31, 2025	$48.90	$48.57	-0.67%
Apr 24, 2025	$37.48	$39.24	+4.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Federated Hermes (FHI) report earnings?

Federated Hermes (FHI) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).

What is Federated Hermes (FHI) earnings time?

Federated Hermes (FHI) earnings time is at Apr 23, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FHI EPS forecast?

FHI EPS forecast for the fiscal quarter 2026 (Q1) is 1.17.