FTI Consulting Stock Barely Moves Post Q3 Earnings Miss

Zacks10-31

FTI Consulting, Inc. FCN reported unimpressive third-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. There has been no impact of the disappointing results on the...

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There has been no impact of the disappointing results on the...</p>\n\n<a href=\"https://finance.yahoo.com/news/fti-consulting-stock-barely-moves-161200259.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTI Consulting Stock Barely Moves Post Q3 Earnings Miss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTI Consulting Stock Barely Moves Post Q3 Earnings Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 00:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fti-consulting-stock-barely-moves-161200259.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FTI Consulting, Inc. FCN reported unimpressive third-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. There has been no impact of the disappointing results on the...</p>\n\n<a href=\"https://finance.yahoo.com/news/fti-consulting-stock-barely-moves-161200259.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OMC","symbol_name":"宏盟集团","start_time":0,"source_url":"https://finance.yahoo.com/news/fti-consulting-stock-barely-moves-161200259.html","article_id":"2479753244","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UuRTC4BXBJyYG5RWhArt2w--~B/aD0zNDk7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/92df50a013c4dbda3cc928f04e6b041a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479753244","pubTimestamp":1730304720,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"FTI Consulting, Inc. FCN reported unimpressive third-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. There has been no impact of the disappointing results on the stock so far, as it hasn’t moved much since the earnings release on Oct. 24.Quarterly earnings per share of $1.85 missed the Zacks Consensus Estimate by 10.2% and decreased 21% year over year. Total revenues of $926 million lagged the consensus mark 1.5% but increased 3.7% from the year-ago quarter.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.FTI Consulting, Inc. Price, Consensus and EPS Surprise. FTI Consulting, Inc. price-consensus-eps-surprise-chart | FTI Consulting, Inc. Quote. Economic Consulting revenues jumped 14.5% from the year-ago quarter to $222 million. The rise was driven by higher demand for M&A-related antitrust services, partially offset by lower demand for non-M&A-related antitrust services.Moreover, the estimated EPS for 2024 is now projected to ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OMC":"宏盟集团","POST":"Post Holdings","FCN":"FTI咨询","EFX":"艾可菲","FTI":"德希尼布FMC"},"translate_title":"FTI Consulting股票在第三季度盈利未达标后几乎没有变动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FCN":1,"FTI":1,"POST":1,"EFX":0.9,"OMC":0.9},"content_text":"FTI Consulting, Inc. FCN reported unimpressive third-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. There has been no impact of the disappointing results on the stock so far, as it hasn’t moved much since the earnings release on Oct. 24.\nQuarterly earnings per share of $1.85 missed the Zacks Consensus Estimate by 10.2% and decreased 21% year over year. Total revenues of $926 million lagged the consensus mark 1.5% but increased 3.7% from the year-ago quarter.\nFind the latest EPS estimates and surprises on Zacks Earnings Calendar.\n\nFTI Consulting, Inc. Price, Consensus and EPS Surprise\n\nFTI Consulting, Inc. price-consensus-eps-surprise-chart | FTI Consulting, Inc. Quote\n\nFCN’s Segmental Performance\nTechnology revenues increased 11.7% year over year to $110.4 million. The uptick was due to higher demand for M&A-related “second request” litigation, information governance, and privacy and security services, partially offset by lower demand for investigations services.\nEconomic Consulting revenues jumped 14.5% from the year-ago quarter to $222 million. The rise was driven by higher demand for M&A-related antitrust services, partially offset by lower demand for non-M&A-related antitrust services.\nCorporate Finance & Restructuring revenues declined 1.7% year over year to $341.5 million. The drop was due to lower demand for business transformation and strategy services, more than offset by increased demand for transaction services.\nStrategic Communications revenues declined 4.1% year over year to $83.3 million. The fall was due to a $3.1 million decrease in pass-through revenues.\nForensic and Litigation Consulting revenues rose 1.6% year over year to $168.8 million. The uptick was backed higher construction solutions and disputes revenues, which were partially offset by lower data and analytics and investigation revenues. Acquisition-related revenues constituted $1.9 million of these revenues.\nFCN’s Margins Expand\nAdjusted EBITDA came in at $102.9 million, down 13.3% on a year-over-year basis. The adjusted EBITDA margin declined 220 basis points year over year to 11.1%.\nFCN’s Balance Sheet and Cash Flow Figures\nFTI Consulting exited the quarter with a cash and cash equivalent balance of $386.3 million compared with the prior quarter’s $226.4 million. FCN generated $219.4 million of cash from operating activities in the quarter. The capital expenditure was $7 million.\nFCN’s 2024 Guidance\nFCN has revised its 2024 revenue and EPS guidance. The company now estimates revenues between $3.70 billion and $3.75 billion, down from the previous range of $3.70 billion-$3.79 billion. The revised guided range's midpoint ($3.73 million) is higher than the current Zacks Consensus Estimate of $3.71 billion.\nMoreover, the estimated EPS for 2024 is now projected to be between $7.90 and $8.35 compared to the prior range of $8.10-$8.60. The revised guided range's midpoint ($8.13) is slightly higher than the current Zacks Consensus Estimate of $8.1. FCN does not anticipate any difference between adjusted EPS and EPS.\nFCN currently carries a Zacks Rank #4 (Sell).\nYou can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nRecent Earnings Snapshots\nOmnicom OMC reported impressive third-quarter 2024 results, wherein both earnings and revenues beat the Zacks Consensus Estimate.\nOMC’s earnings of $2 per share beat the consensus estimate by 3.1% and increased 9.1% year over year. Total revenues of $3.9 billion surpassed the consensus estimate by 2.3% and increased 8.5% year over year.\nEquifax EFX reported mixed third-quarter 2024 results. Earnings surpassed the Zacks Consensus Estimate, while revenues missed the same.\nEFX’s adjusted earnings were $1.8 per share, beating the Zacks Consensus Estimate by a slight margin and increasing by 5.1% from the year-ago quarter’s actual. Total revenues of $1.4 billion missed the consensus estimate by a slight margin but increased 9.3% from the year-ago quarter.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nOmnicom Group Inc. (OMC) : Free Stock Analysis Report\nEquifax, Inc. (EFX) : Free Stock Analysis Report\nFTI Consulting, Inc. (FCN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479753244"}