Brief: Focus Financial Partners Reports Q1 Adjusted EPS Of $0.74

Focus Financial Partners

07/05/2020 12:29

May 7 (Reuters) - Focus Financial Partners Inc  FOCS.O :
    * Q1 REVENUE ROSE 29.7 PERCENT TO $337.1 MILLION
    * Q1 ADJUSTED EARNINGS PER SHARE $0.74
    * Q1 GAAP EARNINGS PER SHARE $0.43
    * IN 2020 Q2, ANTICIPATE THAT RESULTS WILL BE IMPACTED BY
EFFECT
OF 2020 Q1 EQUITY MARKET DECLINE ON MARKET-CORRELATED REVENUES
    * ANTICIPATE THAT M&A ACTIVITY WILL BE MUTED IN 2020 Q2, AND
MOST
LIKELY IN 2020 Q3
    * BELIEVE THAT TRANSACTIONS IN OUR PIPELINE WILL ULTIMATELY
SIGN
AND CLOSE AS RATIONALE FOR TRANSACTIONS HAS NOT CHANGED

Source text: )https://bit.ly/3bc0I5N)
Further company coverage:  FOCS.O 

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