Investing.com - Focus Financial Partners reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Focus Financial Partners announced earnings per share of $1.06 on revenue of $519.86M. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $510.52M.
Focus Financial Partners shares are down 39.61% from the beginning of the year , still down 51.64% from its 52 week high of $69.13 set on Friday, November 19, 2021.
Focus Financial Partners shares gained 1.65% in pre-market trade the report.
Focus Financial Partners follows other major Financial sector earnings this month
Focus Financial Partners's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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