FTI Consulting (NYSE:FCN – Get Rating) will issue its quarterly earnings data before the market opens on Thursday, July 28th. Analysts expect the company to announce earnings of $1.67 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

FTI Consulting (NYSE:FCN – Get Rating) last announced its quarterly earnings data on Thursday, April 28th. The business services provider reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. FTI Consulting had a return on equity of 14.88% and a net margin of 8.17%. The firm had revenue of $723.62 million for the quarter, compared to analyst estimates of $702.83 million. During the same quarter in the prior year, the company posted $1.89 earnings per share. FTI Consulting’s quarterly revenue was up 5.4% on a year-over-year basis. On average, analysts expect FTI Consulting to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

FTI Consulting Stock Performance

NYSE FCN opened at $187.60 on Thursday. The business’s 50-day moving average price is $172.75 and its 200 day moving average price is $159.88. The company has a market capitalization of $6.47 billion, a PE ratio of 29.04 and a beta of 0.37. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.20. FTI Consulting has a twelve month low of $131.50 and a twelve month high of $190.43.

Institutional Trading of FTI Consulting

Several hedge funds have recently modified their holdings of the company. Bank of Montreal Can increased its position in shares of FTI Consulting by 270.4% during the first quarter. Bank of Montreal Can now owns 13,865 shares of the business services provider’s stock worth $2,195,000 after acquiring an additional 10,122 shares in the last quarter. MetLife Investment Management LLC raised its position in FTI Consulting by 33.4% during the first quarter. MetLife Investment Management LLC now owns 22,159 shares of the business services provider’s stock worth $3,484,000 after acquiring an additional 5,542 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in FTI Consulting by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,566 shares of the business services provider’s stock valued at $1,976,000 after purchasing an additional 1,198 shares during the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of FTI Consulting by 8.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 19,575 shares of the business services provider’s stock worth $3,168,000 after acquiring an additional 1,505 shares during the period. Finally, Yousif Capital Management LLC lifted its holdings in FTI Consulting by 1.6% during the 1st quarter. Yousif Capital Management LLC now owns 19,080 shares of the business services provider’s stock valued at $3,000,000 after purchasing an additional 308 shares during the last quarter.

Analyst Ratings Changes

Several analysts recently issued reports on FCN shares. Truist Financial raised their price target on FTI Consulting from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, June 6th. StockNews.com downgraded FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 7th.

FTI Consulting Company Profile

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

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Earnings History for FTI Consulting (NYSE:FCN)



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By AKDSEO