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

Focus Financial Partners

03/11/2022 15:47

* Focus Financial Partners Inc  FOCS.OQ  reported quarterly
adjusted earnings of $1.06​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of $1.01 per share.
    * Revenue rose 14.4% to $519.86 million from a year ago;
analysts
expected $503.40 million. 
    * Focus Financial Partners Inc's reported EPS for the
quarter was
44 cents​.
    * The mean earnings estimate of analysts had fallen 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 risen by 7.8% this
quarter and lost 43.1% so far this year.
    * The company reported quarterly net income of $29.25
million.
    * Wall Street's median 12-month price target for Focus
Financial
Partners Inc is $46.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 03:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.01           1.06           Beat
 Jun. 30 2022      1.10           1.18           Beat
 Mar. 31 2022      1.09           1.16           Beat
 Dec. 31 2021      1.03           1.10           Beat