Focus Financial Partners Inc expected to post earnings of $1.09 a share - Earnings Preview

Focus Financial Partners

03/05/2022 16:15

* Focus Financial Partners Inc  FOCS.OQ   FOCS.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The New York City-based  company is expected to report  a
30.8% increase in revenue to $515.647 million from $394.18
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Focus Financial
Partners
Inc is for earnings of $1.09 per share. For the same quarter
last year, the company reported earnings of 93 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Focus
Financial
Partners Inc is $70​, above​ its last closing price of $40.37.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.02        1.03       1.10      Beat    7.1
 Sep. 30 2021  0.96        0.96       0.98      Beat    2.4
 Jun. 30 2021  0.95        0.95       0.98      Beat    2.9​
 Mar. 31 2021  0.87        0.87       0.93      Beat    6.8
 ​​Dec.        0.77        0.76       0.84      Beat    9.9
 31 2020                                                
 Sep. 30 2020  0.72        0.72       0.75      Beat    4​
 Jun. 30 2020  0.61        0.61       0.71      Beat    15.8
 Mar. 31 2020  0.68        0.67       0.74      Beat    10.6
 This summary was machine generated May 3 at 15:15 GMT.  All
figures in US dollars  unless otherwise stated