Focus Financial Partners Inc expected to post earnings of 91cents a share - Earnings Preview

Focus Financial Partners

14/02/2023 15:00

* Focus Financial Partners Inc  FOCS.OQ   FOCS.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 16. 
    * The New York City-based  company is expected to report  a
1.4% decrease in revenue to $516.793 million from $523.89
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
November 3 2022, for the period ended December 31, was for
revenue between $505.00 million and $515.00 million.
    * ​Refinitiv's mean analyst estimate for Focus Financial
Partners
Inc is for earnings of 91 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Focus
Financial
Partners Inc is $50​, below​ its last closing price of $50.01.
​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD505 million and
USD118.45 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.01        1.01       1.06      Beat    5
 Jun. 30 2022  1.09        1.10       1.18      Beat    7.6
 Mar. 31 2022  1.09        1.09       1.16      Beat    6.5​
 Dec. 31 2021  1.02        1.03       1.10      Beat    7.1
 ​​Sep.        0.96        0.96       0.98      Beat    2.4
 30 2021                                                
 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. 31 2020  0.77        0.76       0.84      Beat    9.9
 This summary was machine generated February 14 at 15:00 GMT. 
All figures in US dollars  unless otherwise stated