FTI Consulting Reports Earnings, Falls Short of Expectations
FTI Consulting (NYSE:FCN) released its quarterly earnings on Thursday, revealing that the company earned $1.56 per share (EPS) during the quarter. This figure fell short of analyst expectations, which had anticipated an EPS of $1.73, resulting in a miss of $0.17. The firm also reported a return on equity of 14.79% and a net profit margin of 8.37%. Looking to the future, FTI Consulting updated its fiscal year 2025 guidance and now expects an EPS in the range of 7.800 to 8.600.
FTI Consulting Stock Movement
During trading on Thursday, FTI Consulting’s shares experienced a decline of $14.90, ending the day at $175.26. The trading volume for the day reached 204,334 shares, higher than the average volume of 200,155 shares. The company has a 50-day moving average of $193.42 and a 200-day moving average of $207.44. Over the past year, FTI Consulting's stock has fluctuated between a low of $171.40 and a high of $243.60. With a market capitalization of $6.30 billion, the price-to-earnings ratio stands at 20.17, and the stock boasts a low beta of 0.15, indicating less volatility relative to the market.
Analyst Ratings
In related news, StockNews.com recently improved its stance on FTI Consulting, upgrading the stock from a "hold" rating to a "buy" rating in a research note released on November 2nd. This change reflects a more favorable outlook among some analysts, potentially encouraging more investors to consider the stock.
Company Overview
FTI Consulting, Inc. specializes in providing business advisory services that help clients manage changes, mitigate risks, and resolve disputes globally. The company's operations are organized into several segments, including Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The Corporate Finance & Restructuring segment focuses on delivering business transformation, strategy, transaction services, turnaround, and restructuring assistance.
FTI, Consulting, Earnings