FTI Consulting (NYSE:FCN) will be posting its quarterly earnings results before the market opens on Thursday, October 25th. Analysts expect FTI Consulting to post earnings of $0.56 per share for the quarter. FTI Consulting has set its FY18 guidance at $2.90-3.30 EPS.
FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, July 26th. The business services provider reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.51. The company had revenue of $512.10 million during the quarter, compared to analysts’ expectations of $464.02 million. FTI Consulting had a return on equity of 11.84% and a net margin of 9.43%. FTI Consulting’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 earnings per share. On average, analysts expect FTI Consulting to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
FCN stock opened at $68.64 on Thursday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.29. The stock has a market cap of $2.80 billion and a PE ratio of 29.59. FTI Consulting has a fifty-two week low of $36.23 and a fifty-two week high of $81.91.
Several research analysts have recently weighed in on FCN shares. Zacks Investment Research cut FTI Consulting from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Sidoti raised FTI Consulting from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 10th.
In other news, insider Holly Paul sold 10,426 shares of the company’s stock in a transaction dated Friday, July 27th. The stock was sold at an average price of $75.29, for a total transaction of $784,973.54. Following the completion of the transaction, the insider now directly owns 20,102 shares of the company’s stock, valued at $1,513,479.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.19% of the stock is owned by corporate insiders.
About FTI Consulting
FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company's Corporate Finance & Restructuring segment provides turnaround and restructuring, business transformation, interim management, valuation and financial advisory, transaction, dispute advisory, and tax services, as well as mergers and acquisitions (M&A), and M&A integration services.
Featured Story: Yield Curve
Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.