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

Focus Financial Partners Inc. (NASDAQ:FOCS) posted its quarterly 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 company earned $454.50 million during the quarter, compared to the consensus estimate of $445.40 million. Focus Financial Partners had a trailing twelve-month return on equity of 24.55% and a net margin of 2.77%. The company's revenue for the quarter was up 37.1% compared to the same quarter last year. During the same period last year, the firm posted $0.70 EPS.

ETFs with the largest weight of Focus Financial Partners (NASDAQ:FOCS) stock in their portfolio include Gabelli Financial Services Opportunities ETF (GABF).WisdomTree U.S. SmallCap Fund (EES).

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 initial public offering 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 served 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.