FTI Consulting Q4 EPS Estimate Decreased by William Blair

FTI Consulting, Inc. (NYSE:FCN - Free Report) - Equities research analysts at William Blair dropped their Q4 2024 earnings per share (EPS) estimates for shares of FTI Consulting in a research note issued on Friday, October 25th. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings per share of $1.62 for the quarter, down from their previous estimate of $1.75. The consensus estimate for FTI Consulting's current full-year earnings is $8.48 per share. William Blair also issued estimates for FTI Consulting's Q1 2025 earnings at $1.87 EPS, Q4 2025 earnings at $2.16 EPS and FY2025 earnings at $8.55 EPS.

Other equities research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of FTI Consulting from a "buy" rating to a "hold" rating in a research report on Friday. Truist Financial raised their price target on FTI Consulting from $255.00 to $275.00 and gave the company a "buy" rating in a report on Wednesday, September 25th.

FTI Consulting Stock Performance

Shares of NYSE:FCN traded down $0.80 during midday trading on Monday, hitting $198.29. The stock had a trading volume of 413,271 shares, compared to its average volume of 173,658. FTI Consulting has a 1 year low of $185.93 and a 1 year high of $243.60. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of $223.66 and a two-hundred day moving average price of $219.40. The company has a market capitalization of $7.08 billion, a PE ratio of 22.86 and a beta of 0.10.

FTI Consulting (NYSE:FCN - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The business services provider reported $1.85 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by ($0.21). The firm had revenue of $926.00 million during the quarter, compared to analysts' expectations of $946.16 million. FTI Consulting had a net margin of 8.90% and a return on equity of 16.34%. The business's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business earned $2.34 earnings per share.

Institutional Investors Weigh In On FTI Consulting

Several institutional investors have recently modified their holdings of the company. Mawer Investment Management Ltd. boosted its position in FTI Consulting by 4.1% during the first quarter. Mawer Investment Management Ltd. now owns 3,810,200 shares of the business services provider's stock worth $801,247,000 after purchasing an additional 149,722 shares in the last quarter. American Century Companies Inc. boosted its position in shares of FTI Consulting by 76.3% in the 2nd quarter. American Century Companies Inc. now owns 224,744 shares of the business services provider's stock worth $48,439,000 after buying an additional 97,244 shares in the last quarter. Greenvale Capital LLP grew its stake in FTI Consulting by 30.9% in the 2nd quarter. Greenvale Capital LLP now owns 360,000 shares of the business services provider's stock valued at $77,591,000 after acquiring an additional 85,000 shares during the last quarter. Mountain Pacific Investment Advisers LLC increased its holdings in FTI Consulting by 563.7% during the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 66,373 shares of the business services provider's stock valued at $15,104,000 after acquiring an additional 56,373 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in FTI Consulting by 6.0% during the second quarter. Dimensional Fund Advisors LP now owns 692,044 shares of the business services provider's stock worth $149,164,000 after acquiring an additional 39,271 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company's stock.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.