Focus Financial Partners Inc expected to post earnings of 96  cents a share - Earnings Preview

Focus Financial Partners

31/07/2023 14:01

* Focus Financial Partners Inc  FOCS.OQ   FOCS.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 2 (estimated). 
    * The New York City-based  company is expected to report  a
7.2% increase in revenue to $577.904 million from $539.21
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Focus Financial
Partners
Inc is for earnings of 96 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"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 $53​, above​ its last closing price of $52.28.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.97        0.97       0.89      Missed  -8
 Dec. 31 2023  0.92        0.91       0.99      Beat    9
 Sep. 30 2022  1.01        1.01       1.06      Beat    5​
 Jun. 30 2022  1.09        1.10       1.18      Beat    7.6
 ​​Mar.        1.09        1.09       1.16      Beat    6.5
 31 2022                                                
 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
 This summary was machine generated July 31 at 13:01 GMT.  All
figures in US dollars  unless otherwise stated