PITTSBURGH (AP) _ Federated Hermes, Inc. (FHI) on Thursday reported fourth-quarter earnings of $68.6 million.

The Pittsburgh-based company said it had net income of 71 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 71 cents per share.

The one of the nation's largest managers of money market funds posted revenue of $321.6 million in the period.

For the year, the company reported profit of $270.3 million, or $2.75 per share. Revenue was reported as $1.3 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FHI at https://www.zacks.com/ap/FHI

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