Focus Financial Partners Inc expected to post earnings of 87  cents a share - Earnings Preview

Focus Financial Partners

04/05/2021 16:07

* Focus Financial Partners Inc  FOCS.OQ   FOCS.O  is expected to
show a rise in quarterly revenue when it reports results on May
6.
* The New York City, New York-based company is expected to
report  a 13.6% increase in revenue to $382.823 million from
$337.05 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Focus Financial
Partners Inc is for earnings of 87 cents per share. For the same
quarter last year, the company reported earnings of 74 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 0.3% in the last three months.​
* Wall Street's median 12-month price target for Focus Financial
Partners Inc is $59.5​, about 20.7% above​ its last closing
price of $47.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.77        0.76       0.84      Beat    9.9
 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
 Dec.          0.61​       0.60       0.75      Beat    24.1​
 31​ 2019​                                              
 Sep. 30 2019  0.57        0.58       0.62      Beat    7.5​
 Jun. 30 2019  0.53        0.53       0.55      Beat    3.8
 Mar. 31 2019  0.48        0.48       0.47      Missed  -1.4
 This summary was machine generated May 4 at 15:07 GMT.  All
figures in US dollars unless otherwise stated