Equity Profile

FHI

Federated Hermes, Inc.

FinancialsAsset Management & Custody Banks$4.3B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Federated Hermes, Inc. is a financial services company that specializes in asset management and custody banking....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Assets Under Management (AUM)

AUM reflects the total market value of assets that Federated Hermes manages, indicating its scale and market position.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FHI Q2-2026 Earnings Preview

Context

Company Snapshot

Federated Hermes, Inc. is a financial services company that specializes in asset management and custody banking. With a market cap of $4 billion, it plays a significant role in managing investments for clients, which is crucial in today's fluctuating financial markets.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+5.38%

Avg Stock Reaction

+0.94%

Last Quarter Recap

In Q1-2026, Federated Hermes reported an EPS of $1.27, exceeding expectations by 6.01%. The stock reacted positively, increasing by 3.07% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Federated Hermes's upcoming earnings report, given its strong track record of beating EPS estimates.

Bull Case

If the company continues its trend of beating EPS estimates, it could signal strong operational performance and attract more investors.

Bear Case

Conversely, if the company fails to meet expectations or reports declining AUM, it could raise concerns about its growth prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported Assets Under Management (AUM) this quarter?

AUM is critical for understanding the company's growth trajectory and ability to generate revenue from management fees.

How did net inflows perform compared to the previous quarter?

Net inflows indicate the company's success in attracting new investments, which is essential for future growth.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for strong net inflows based on recent market trends, which could lead to a positive surprise this quarter.

Supporting Evidence

Historically, Federated Hermes has a high EPS beat rate of 88%, suggesting strong operational performance.

The options market is pricing a significant move of 14.2%, indicating that investors expect volatility, which could be due to positive sentiment.

Key Risk

If net inflows exceed expectations, it could significantly alter the market's perception of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to maintain or grow its AUM and attract new investments.

Bull Confirmed If

AUM growth of over 5% quarter-over-quarter would confirm strong demand for Federated Hermes's services.

Bear Confirmed If

A decline in net inflows or AUM could signal weakening investor confidence and lead to a bearish outlook.

Pre-Earnings Positioning

Options Market

Implied Move

±14.2%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, suggesting heightened uncertainty or expectation around the earnings report.

Options are pricing ±14.0% while FHI has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.8%

Calls (500)P/C Ratio: 0.67Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 9 of 25 (36%)

This setup has occurred 30 times across Financials in the last 2 years. 16 of 25 (64%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 2.1%, with a raw directional average of -0.0% (roughly flat historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Federated Hermes beats expectations, history suggests a potential stock increase of around 0.81%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may react neutrally as investors weigh future growth prospects.

Miss

A miss could lead to a decline in stock price, with history suggesting an average drop of around 1.87%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on the company's strategy to attract new clients.
2Details on performance in key investment sectors.
3Management's outlook on market conditions and their impact on AUM.
4Insights into competitive positioning within the asset management industry.
5Any commentary on cost management and operational efficiency.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Federated Hermes, Inc. is a financial services company that specializes in asset management and custody banking....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Assets Under Management (AUM)

AUM reflects the total market value of assets that Federated Hermes manages, indicating its scale and market position.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FHI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+5.38%

Avg Stock Reaction

+0.94%

Last Quarter Recap

In Q1-2026, Federated Hermes reported an EPS of $1.27, exceeding expectations by 6.01%. The stock reacted positively, increasing by 3.07% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Federated Hermes's upcoming earnings report, given its strong track record of beating EPS estimates.

Bull Case

If the company continues its trend of beating EPS estimates, it could signal strong operational performance and attract more investors.

Bear Case

Conversely, if the company fails to meet expectations or reports declining AUM, it could raise concerns about its growth prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported Assets Under Management (AUM) this quarter?

AUM is critical for understanding the company's growth trajectory and ability to generate revenue from management fees.

How did net inflows perform compared to the previous quarter?

Net inflows indicate the company's success in attracting new investments, which is essential for future growth.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for strong net inflows based on recent market trends, which could lead to a positive surprise this quarter.

Supporting Evidence

Historically, Federated Hermes has a high EPS beat rate of 88%, suggesting strong operational performance.

The options market is pricing a significant move of 14.2%, indicating that investors expect volatility, which could be due to positive sentiment.

Key Risk

If net inflows exceed expectations, it could significantly alter the market's perception of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on the company's ability to maintain or grow its AUM and attract new investments.

Bull Confirmed If

AUM growth of over 5% quarter-over-quarter would confirm strong demand for Federated Hermes's services.

Bear Confirmed If

A decline in net inflows or AUM could signal weakening investor confidence and lead to a bearish outlook.

Pre-Earnings Positioning

Options Market

Implied Move

±14.2%

Historical Avg

±1.2%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, suggesting heightened uncertainty or expectation around the earnings report.

Options are pricing ±14.0% while FHI has averaged ±1.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.8%

Calls (500)P/C Ratio: 0.67Puts (0)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 9 of 25 (36%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Federated Hermes beats expectations, history suggests a potential stock increase of around 0.81%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations but management is cautious, the stock may react neutrally as investors weigh future growth prospects.

Miss

A miss could lead to a decline in stock price, with history suggesting an average drop of around 1.87%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on the company's strategy to attract new clients.
2Details on performance in key investment sectors.
3Management's outlook on market conditions and their impact on AUM.
4Insights into competitive positioning within the asset management industry.
5Any commentary on cost management and operational efficiency.