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home / news releases / FHI - Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises

FHI - Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises

Federated Hermes Inc.

2024-05-03 02:42:44 ET

Summary

  • Federated Hermes' actual EPS and dividend distributions for Q1 2024 surpassed expectations.
  • FHI's shares underperformed on the day following its results announcement; this might be due to unwarranted concerns regarding a worst-case interest rate environment scenario materializing for the stock.
  • I retain a Buy rating for FHI, after reviewing the company's latest financial disclosures and management comments.

Elevator Pitch

I rate Federated Hermes, Inc. ( FHI ) shares as a Buy....

For further details see:

Federated Hermes: Concerns About Interest Rate Environment Overshadow Positive Surprises
Stock Information
Company Name: Federated Hermes Inc.
Stock Symbol: FHI
Market: NYSE
Website: federatedhermes.com
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