Focus Financial Partners Inc expected to post earnings of 95 cents a share - Earnings Preview

Focus Financial Partners

03/08/2021 15:47

* Focus Financial Partners Inc  FOCS.OQ   FOCS.O  is expected
to show a rise in quarterly revenue when it reports results on
August 5. 
* The New York City, New York-based company is expected to
report   a 32.0% increase in revenue to $413.388 million from
$313.11 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 95 cents per share. For the same
quarter last year, the company reported earnings of 71 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "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 $63​, about 18.6% above​ its last closing price
of $51.26. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.87        0.87       0.93      Beat    6.8
 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.          0.68​       0.67       0.74      Beat    10.6​
 31​ 2020​                                              
 Dec. 31 2019  0.61        0.60       0.75      Beat    24.1​
 Sep. 30 2019  0.57        0.58       0.62      Beat    7.5
 Jun. 30 2019  0.53        0.53       0.55      Beat    3.8
 This summary was machine generated August 3 at 14:47 GMT.  All
figures in US dollars unless otherwise stated