FTI Consulting (NYSE:FCN) Issues Earnings Results

FTI Consulting (NYSE:FCN) announced its earnings results on Thursday, April 30th. The business services provider reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21), Briefing.com reports. The company had revenue of $983.35 million for the quarter, compared to analysts’ expectations of $971.17 million. FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. FTI Consulting’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 0.9%

NYSE FCN opened at $156.03 on Friday. FTI Consulting has a 52 week low of $140.84 and a 52 week high of $189.30. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $4.70 billion, a P/E ratio of 18.55 and a beta of -0.05. The stock’s 50-day moving average price is $168.54 and its 200-day moving average price is $169.41.

Insider Activity at FTI Consulting

In related news, CFO Eun Nam acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the purchase, the chief financial officer owned 21,592 shares in the company, valued at $3,121,987.28. The trade was a 10.21% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Paul Alderman Linton bought 2,400 shares of FTI Consulting stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $144.04 per share, with a total value of $345,696.00. Following the completion of the acquisition, the insider directly owned 92,824 shares in the company, valued at $13,370,368.96. This represents a 2.65% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 14,400 shares of company stock worth $2,076,576. 1.79% of the stock is owned by company insiders.

Institutional Trading of FTI Consulting

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in shares of FTI Consulting by 14.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 861,694 shares of the business services provider’s stock valued at $147,208,000 after buying an additional 106,272 shares in the last quarter. Alliancebernstein L.P. increased its stake in FTI Consulting by 14.0% in the 3rd quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider’s stock worth $127,001,000 after buying an additional 96,723 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in FTI Consulting by 2.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 525,577 shares of the business services provider’s stock worth $89,786,000 after buying an additional 13,840 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in FTI Consulting by 17.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 380,265 shares of the business services provider’s stock valued at $64,961,000 after acquiring an additional 55,365 shares during the period. Finally, Invesco Ltd. raised its holdings in FTI Consulting by 19.8% during the third quarter. Invesco Ltd. now owns 363,947 shares of the business services provider’s stock valued at $58,832,000 after acquiring an additional 60,197 shares during the period. 99.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on FCN shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a report on Monday, March 23rd. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research note on Tuesday, May 19th. Truist Financial upped their price target on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, FTI Consulting presently has a consensus rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Company Profile

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.