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Federated Hermes, Inc. exceeded expectations with Q3 results, with revenues beating forecasts by 5.4% to $469m. Statutory earnings per share were $1.34, a 19% increase above forecasts. Analysts have upgraded their estimates for 2026, with revenues predicted to increase 8.6% to $1.89b and earnings per share to $5.03. Despite the upgrades, price targets remain largely unchanged at $52.29.

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