Focus Financial Partners Inc. (NASDAQ:FOCS) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.72 per share.
Looking ahead, the full year income are expected at $ 2.95 per share on the revenues of $ 1324.62 million.
Previous Quarter Performance
Focus Financial Partners Inc. unfold income for the second quarter of $ 0.71 per share, from the revenue of $ 313.11 million. The quarterly earnings raised 29.09 percent while revenues expanded 3.83 percent compared with the same quarter last year.
Wall street analysts are predicting, FOCS to report 2Q20 income of $ 0.61 per share from revenue of $ 301.44 million. The bottom line results beat street analysts by $ 0.1 or 16.39 percent, at the same time, top line results outshined analysts by $ 11.67 million or 3.87 percent.
Stock Performance
Shares of Focus Financial Partners Inc. traded up $ 1.10 or 2.83 percent on Wednesday, reaching $ 39.97 with volume of 195.00 thousand shares. Focus Financial Partners Inc. has traded high as $ 40.03 and has cracked $ 38.46 on the downward trend
The closing price of $ 39.97, representing a 219.39 % increase from the 52 week low of $ 12.17 and a 6.7 % decrease over the 52 week high of $ 41.66.
The company has a market capital of $ 2.78 billion and is part of the Financial Services sector and Asset Management industry.
Conference Call
Focus Financial Partners Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.focusfinancialpartners.com
Focus Financial Partners Inc. provides wealth management services to primarily high net worth individuals and families. Its wealth management services include investment advice, financial and tax planning, consulting, tax return preparation, family office services, and other services.
