💨 Abstract
Federated Hermes, Inc., a Pittsburgh-based money market fund manager, reported first-quarter net income of $101.1 million, beating Wall Street expectations with earnings of $1.25 per share. The company's revenue was $423.5 million, also surpassing forecasts. These results were generated by Automated Insights using data from Zacks Investment Research.
Courtesy: wtop.com
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