FTI Consulting (NYSE:FCN) Issues Quarterly Earnings Results

FTI Consulting (NYSE:FCN - Get Free Report) announced its earnings results on Thursday. The business services provider reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.21), Briefing.com reports. The firm had revenue of $983.35 million for the quarter, compared to analyst estimates of $971.17 million. FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. FTI Consulting's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the firm earned $2.29 earnings per share. FTI Consulting updated its FY 2026 guidance to 8.900-9.600 EPS.

Here are the key takeaways from FTI Consulting's conference call:

• Q1 revenue of $983.3 million (+9.5% YoY; +6.8% ex‑FX) was driven by strength in Corporate Finance, Strategic Communications and Technology, signaling continued top‑line momentum.
• Profitability weakened as adjusted EBITDA fell to $96.8 million (9.8% margin) and net income declined to $57.6 million, pressured by higher direct costs, increased SG&A, higher interest expense and a higher effective tax rate (26.6%).
• Corporate Finance delivered standout results (revenues $409.5 million, +19.2%) and Strategic Communications posted a record quarter (+18.4%), while Technology also grew—underscoring strength in event‑driven, higher‑margin offerings.
• Economic Consulting / Compass Lexecon remained a drag (revenues down, adjusted segment EBITDA a loss), and management said there are multiple quarters of work ahead to restore the segment’s P&L.
• Management is maintaining 2026 guidance (revenues $3.94–4.10B; EPS $8.90–9.60), repurchased $126.8M of stock in Q1 with ~$354.9M remaining, but expects SG&A to be ~ $60M higher year‑over‑year and Q2 to be the SG&A peak as hiring and legal costs continue.

FTI Consulting Stock Up 0.1%

FTI Consulting stock opened at $173.95 on Monday. FTI Consulting has a twelve month low of $149.31 and a twelve month high of $189.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.30 and a current ratio of 2.30. The firm has a market cap of $5.24 billion and a PE ratio of 20.68. The firm's 50 day moving average price is $173.18 and its two-hundred day moving average price is $170.52.

Key Stories Impacting FTI Consulting

Here are the key news stories impacting FTI Consulting this week:

• Positive Sentiment: Revenue beat and solid top-line growth — Q1 revenue was $983.3M, up 9.5% year-over-year and above analyst estimates, showing demand across the business and supporting longer-term revenue momentum. FTI Consulting Reports First Quarter 2026 Financial Results
• Neutral Sentiment: FY 2026 EPS guidance reaffirmed/updated to a range of 8.900–9.600; the midpoint (~9.25) is essentially in line with but slightly below the consensus (~9.28), so investors may view guidance as cautious but not a material cut. Press release / guidance details
• Neutral Sentiment: Company released earnings materials and the earnings call transcript/slide deck, useful for detail on segment performance and margin dynamics — monitoring management commentary on margin drivers and bookings will be important for near-term sentiment. Q1 2026 Earnings Call Transcript
• Negative Sentiment: EPS missed consensus — reported $1.90 vs. $2.11 expected (and below last year's $2.29), which highlights margin pressure or higher costs despite revenue growth and is the primary near-term negative catalyst. FTI Consulting (FCN) Lags Q1 Earnings Estimates

Hedge Funds Weigh In On FTI Consulting

Institutional investors and hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV acquired a new stake in FTI Consulting during the third quarter valued at $376,000. Jump Financial LLC purchased a new position in FTI Consulting in the second quarter valued at about $373,000. Quantessence Capital LLC grew its stake in FTI Consulting by 55.0% in the third quarter. Quantessence Capital LLC now owns 2,258 shares of the business services provider's stock valued at $365,000 after purchasing an additional 801 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in FTI Consulting by 4.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider's stock worth $364,000 after purchasing an additional 103 shares during the last quarter. Finally, Polymer Capital Management HK LTD acquired a new position in FTI Consulting in the 3rd quarter worth about $360,000. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on FCN shares. Wall Street Zen downgraded FTI Consulting from a "buy" rating to a "hold" rating in a report on Saturday. Weiss Ratings reissued a "hold (c)" rating on shares of FTI Consulting in a research note on Monday, March 23rd. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $165.00.

About FTI Consulting

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company's primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.