FTI Consulting Inc. (FCN) Releases Q1 Earnings Guidance
FTI Consulting Inc. (NYSE:FCN) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.20-0.28 for the period, compared to the Thomson Reuters consensus estimate of $0.58, StockRatingsNetwork.com reports. The company issued revenue guidance of $410-425 million, compared to the consensus revenue estimate of $420.35 million.
FTI Consulting (NYSE:FCN) last announced its earnings results on Wednesday, February 26th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.06. The company had revenue of $416.00 million for the quarter, compared to the consensus estimate of $402.30 million.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of FTI Consulting in a research note on Wednesday, December 11th. They set a hold rating on the stock. Analysts at Zacks upgraded shares of FTI Consulting from a neutral rating to an outperform rating in a research note on Monday, December 2nd. They now have a $54.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $46.00.
FTI Consulting, Inc (NYSE:FCN) is a global business advisory firm.
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