FTI Consulting (NYSE:FCN) Issues Quarterly Earnings Results, Beats Expectations By $0.39 EPS

FTI Consulting (NYSE:FCN) announced its earnings results on Thursday. The business services provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.39, Briefing.com reports. The business had revenue of $990.75 million during the quarter, compared to analysts’ expectations of $918.49 million. FTI Consulting had a net margin of 7.20% and a return on equity of 14.49%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.56 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:

• Record full‑year 2025 results — revenues of $3.79 billion, adjusted EBITDA of $463.6 million and adjusted EPS of $8.83, marking the 11th consecutive year of adjusted EPS growth.
• Compass Lexecon disruption materially weighed on results; Economic Consulting revenue declined and management expects econ adjusted segment EBITDA to hit its low point in Q1 2026 and remain a drag in the first half of the year.
• The outperformance was driven by CorpFin, FLC and Strategic Communications, which posted double‑digit organic growth and contributed roughly $135 million of adjusted EBITDA growth, entering 2026 with strong momentum.
• 2026 guidance targets $3.94–$4.10 billion in revenue (midpoint ≈ 6.1% growth) and GAAP EPS $8.90–$9.60, while management notes higher SG&A (~$45 million) and that EPS is not expected to return to the prior multi‑year double‑digit pace yet.
• Capital and cash priorities include aggressive buybacks in 2025 (5.3M shares for $858.6M, ~$491.8M authorization remaining), continued senior hiring plus planned junior hiring, and weaker operating cash flow partly due to $255M of forgivable loans issued in 2025.

FTI Consulting Trading Up 2.1%

FCN traded up $3.37 during midday trading on Thursday, hitting $163.35. 465,301 shares of the company were exchanged, compared to its average volume of 320,689. The firm has a market capitalization of $5.04 billion, a P/E ratio of 20.86 and a beta of 0.08. The firm’s 50 day moving average price is $173.09 and its 200-day moving average price is $167.26. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.29. FTI Consulting has a 1-year low of $149.31 and a 1-year high of $183.71.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research note on Wednesday, December 24th. Wall Street Zen upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $165.00.

Institutional Trading of FTI Consulting

A number of institutional investors have recently bought and sold shares of FCN. SkyView Investment Advisors LLC grew its holdings in shares of FTI Consulting by 0.9% during the 4th quarter. SkyView Investment Advisors LLC now owns 10,074 shares of the business services provider’s stock valued at $1,721,000 after purchasing an additional 92 shares during the last quarter. Sepio Capital LP raised its holdings in FTI Consulting by 3.2% during the 4th quarter. Sepio Capital LP now owns 3,172 shares of the business services provider’s stock valued at $542,000 after buying an additional 99 shares during the last quarter. Quadrant Capital Group LLC boosted its position in FTI Consulting by 2.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 3,704 shares of the business services provider’s stock valued at $599,000 after buying an additional 99 shares during the period. Integrated Wealth Concepts LLC boosted its position in FTI Consulting by 4.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock valued at $364,000 after buying an additional 103 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its holdings in FTI Consulting by 8.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,486 shares of the business services provider’s stock valued at $254,000 after purchasing an additional 112 shares during the period. Institutional investors own 99.36% of the company’s stock.

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.