Focus Financial Partners (FOCS) Stock Price, News & Analysis

Focus Financial Partners Inc. (NASDAQ:FOCS) issued its earnings results on Thursday, November, 4th. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.96 by $0.12. The business earned $454.50 million during the quarter, compared to analyst estimates of $445.40 million. Focus Financial Partners had a net margin of 2.77% and a trailing twelve-month return on equity of 24.55%. Focus Financial Partners's quarterly revenue was up 37.1% on a year-over-year basis. During the same quarter last year, the company earned $0.70 earnings per share.

Gabelli Financial Services Opportunities ETF holds 2,000 shares of FOCS stock, representing 1.83% of its portfolio.

Based on aggregate information from My MarketBeat watchlists, some companies that other Focus Financial Partners investors own include Procter & Gamble (PG), Pfizer (PFE), Cisco Systems (CSCO), RTX (RTX), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), Home Depot (HD), NVIDIA (NVDA) and QUALCOMM (QCOM).

Focus Financial Partners (FOCS) raised $599 million in an IPO on Thursday, July 26th 2018. The company issued 16,200,000 shares at a price of $35.00-$39.00 per share. Goldman Sachs, BofA Merrill Lynch, KKR, BMO Capital Markets, RBC Capital Markets and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Fifth Third Securities, Keefe, Bruyette & Woods (A Stifel Company), MUFG? Raymond James, Regions Securities and William Blair were co-managers.