---
title: "Federated Hermes (FHI) Q2 Earnings: What To Expect"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294146275.md"
description: "Federated Hermes (FHI) reports Q2 earnings after market hours Thursday. Last quarter, the firm beat revenue expectations with $479 million (+13.1% YoY) and EPS. Analysts expect 15.7% revenue growth this quarter. Peers BNY and State Street also beat estimates, boosting sector sentiment. FHI shares are up 7.2% recently, trading above the average analyst price target of $57.43."
datetime: "2026-07-29T03:23:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294146275.md)
  - [en](https://longbridge.com/en/news/294146275.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294146275.md)
generator: "portal-rs"
---

# Federated Hermes (FHI) Q2 Earnings: What To Expect

Investment management firm Federated Hermes will be reporting results this Thursday after market hours. Here’s what to look for.

Federated Hermes beat analysts’ revenue expectations last quarter, reporting revenues of $479 million, up 13.1% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and EBITDA in line with analysts’ estimates.

Is Federated Hermes a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Federated Hermes’s revenue to grow 15.7% year on year, improving from the 5.5% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Federated Hermes has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Federated Hermes’s peers in the custody bank segment, some have already reported their Q2 results, giving us a hint as to what we can expect. BNY delivered year-on-year revenue growth of 13.3%, beating analysts’ expectations by 5.4%, and State Street reported revenues up 16.7%, topping estimates by 3.8%. BNY traded up 4.1% following the results while State Street was down 2.2%.

Read our full analysis of BNY’s results here and State Street’s results here.

There has been positive sentiment among investors in the custody bank segment, with share prices up 8.9% on average over the last month. Federated Hermes is up 7.2% during the same time and is heading into earnings with an average analyst price target of $57.43 (compared to the current share price of $60.54).

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**