Focus Financial Partners Inc reports results for the quarter ended in March - Earnings Summary

Focus Financial Partners

05/05/2022 19:36

* Focus Financial Partners Inc  FOCS.OQ  reported quarterly
adjusted earnings of 98 cents​​ per share for the quarter ended
in March. The mean expectation of nine analysts for the quarter
was for earnings of $1.09 per share.
    * Revenue rose 36.1% to $536.57 million from a year ago; 
analysts
expected $515.65 million. 
    * Focus Financial Partners Inc's reported EPS for the
quarter was
44 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Focus Financial Partners Inc shares had fallen by 8.6%
this
quarter and lost 30.0% so far this year.
    * The company reported quarterly net income of $29.1
million.
    * Wall Street's median 12-month price target for Focus
Financial
Partners Inc is $70.00 
    * 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." 

This summary was machine generated May 5 at 06:36 p.m.  ​All
figures in US dollars unless otherwise stated