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

FTI Consulting (NYSE:FCN) released its quarterly earnings data on Thursday. The business services provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.39, FiscalAI reports. The firm had revenue of $990.75 million during the quarter, compared to the consensus estimate of $918.49 million. FTI Consulting had a net margin of 7.15% and a return on equity of 15.02%. The firm’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 Stock Performance

Shares of NYSE FCN opened at $164.51 on Friday. FTI Consulting has a 12-month low of $149.31 and a 12-month high of $183.71. The company has a market cap of $5.08 billion, a PE ratio of 19.94 and a beta of 0.08. The stock has a 50 day simple moving average of $172.72 and a 200-day simple moving average of $167.25. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.29.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FCN. Wall Street Zen raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, FTI Consulting presently has an average rating of “Hold” and a consensus price target of $165.00.

Institutional Inflows and Outflows

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

Key FTI Consulting News

Here are the key news stories impacting FTI Consulting this week:

• Positive Sentiment: Q4 outperformance — FTI reported $1.78 EPS vs. consensus ~$1.39 and revenue of $990.8M vs. ~$918.5M; revenue grew ~10.7% year‑over‑year, showing solid demand across its services. FTI Consulting Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Beat confirmed by multiple outlets and analyst notes — coverage highlights the upside vs. estimates, which supports the view that core operations remain healthy. FTI Consulting (FCN) Surpasses Q4 Earnings and Revenue Estimates
• Neutral Sentiment: Full materials and call available — transcript, slide deck and earnings presentation were posted for investors who want detail on segment performance and backlog. Use these to judge sustainability of revenue growth. FTI Consulting, Inc. 2025 Q4 – Results – Earnings Call Presentation Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst metric breakdowns published — deeper looks at margins, ROE and other KPIs are available to help model FY results; these pieces summarize what drove the beat. Compared to Estimates, FTI Consulting (FCN) Q4 Earnings: A Look at Key Metrics
• Negative Sentiment: FY‑2026 guidance below consensus — management set EPS guidance of $8.90–$9.60 vs. the Street at ~$9.37 and revenue guidance around $3.9–$4.1B (street ~ $4.0B). The EPS range’s midpoint is slightly under consensus, which likely prompted profit‑taking despite the quarterly beat. FTI Consulting Reports Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Market reaction amplified by volume — shares are trading down with volume well above average, indicating stronger intraday selling pressure as investors reprice the stock to reflect the guidance gap. FTI Consulting Earnings / Conference Call

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.