FTI Consulting, Inc. (NYSE:FCN) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.36 per share.
For the full year, analysts predict revenues of $ 2474.14 million, while looking forward to income of $ 5.58 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,450.00 million ~ $ 2,550.00 million, where as bottomline are predicted in a range of $ 5.50 ~ $ 6.00 per share
Click Here For More Historical Outlooks Of FTI Consulting, Inc.
Previous Quarter Performance
FTI Consulting, Inc. recorded income for the second quarter of $ 1.32 per share, from the revenue of $ 607.85 million. The quarterly earnings down 23.70 percent while revenues escalated 0.29 percent compared with the same quarter last year.
According to street consensus, FCN was expected to report 2Q20 income of $ 1.04 per share from revenue of $ 563.92 million. The bottom line results beat street analysts by $ 0.28 or 26.92 percent, at the same time, top line results outshined analysts by $ 43.93 million or 7.79 percent.
Stock Performance
Shares of FTI Consulting, Inc. traded up $ 0.62 or 0.57 percent on Wednesday, reaching $ 109.95 with volume of 780.70 thousand shares. FTI Consulting, Inc. has traded high as $ 110.71 and has cracked $ 105.65 on the downward trend
According to the previous trading day, closing price of $ 109.95, representing a 8.71 % increase from the 52 week low of $ 100.57 and a 24.13 % decrease over the 52 week high of $ 144.10.
The company has a market capital of $ 4.02 billion and is part of the Industrials sector and Business Services industry.
Conference Call
FTI Consulting, Inc. will be hosting a conference call at 9:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fticonsulting.com
FTI Consulting, Inc. provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The companys Corporate Finance & Restructuring segment provides turnaround and restructuring, business transformation, interim management, valuation and financial advisory, transaction, dispute advisory, and tax services, as well as mergers and acquisitions (M&A), and M&A integration services.
