FTI Consulting (FCN) Declines 4% Despite Q2 Earnings Beat

FTI Consulting, Inc. (FCN) reported impressive second-quarter 2024 results, with both earnings and revenues beating the Zacks Consensus Estimate. However, the better-than-expected results failed to impress the market as the stock has declined 4% since the earnings release. Quarterly earnings per share of $2.34 surpassed the Zacks Consensus Estimate by 19.4% and increased 33.7% year over year. Total revenues of $949.2 million beat the consensus mark by 2.1% and increased 9.8% from the year-ago quarter. All S ...