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

Focus Financial Partners Inc. (NASDAQ:FOCS) posted its earnings results on Thursday, November, 4th. The company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.96 by $0.12. The firm earned $454.50 million during the quarter, compared to analysts' expectations 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%. The firm's revenue for the quarter was up 37.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.70 earnings per share.

ETFs with the largest weight of Focus Financial Partners (NASDAQ:FOCS) stock in their portfolio include AltShares Merger Arbitrage ETF (ARB) and 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 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.