Focus Financial Partners Inc (FOCS) Expected to Post Quarterly Sales of $243.15 Million
Wall Street brokerages expect Focus Financial Partners Inc (NASDAQ:FOCS) to post sales of $243.15 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Focus Financial Partners’ earnings. The lowest sales estimate is $241.30 million and the highest is $245.00 million. The firm is expected to announce its next quarterly earnings results on Tuesday, November 27th.
On average, analysts expect that Focus Financial Partners will report full-year sales of $927.75 million for the current year, with estimates ranging from $922.50 million to $933.00 million. For the next fiscal year, analysts forecast that the firm will report sales of $1.17 billion per share, with estimates ranging from $1.16 billion to $1.18 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Focus Financial Partners.
Focus Financial Partners (NASDAQ:FOCS) last issued its quarterly earnings results on Tuesday, August 28th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $231.44 million during the quarter, compared to the consensus estimate of $224.60 million.
In other Focus Financial Partners news, Director Deborah D. Mcwhinney bought 3,000 shares of Focus Financial Partners stock in a transaction on Monday, July 30th. The shares were acquired at an average price of $33.00 per share, for a total transaction of $99,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of FOCS opened at $48.40 on Tuesday. Focus Financial Partners has a 52-week low of $35.01 and a 52-week high of $49.51. The company has a debt-to-equity ratio of -2.00, a current ratio of 2.59 and a quick ratio of 2.59.
Focus Financial Partners Company Profile
There is no company description available for Focus Financial Partners Inc
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