FTI Consulting (FCN) Tops Q1 Earnings Estimates

Core Insights - FTI Consulting reported quarterly earnings of $2.29 per share, exceeding the Zacks Consensus Estimate of $1.79 per share, and showing a slight increase from $2.23 per share a year ago, resulting in an earnings surprise of 27.93% [1] - The company posted revenues of $898.28 million for the quarter ended March 2025, which fell short of the Zacks Consensus Estimate by 0.27% and decreased from $928.55 million year-over-year [2] - FTI Consulting has surpassed consensus EPS estimates two times over the last four quarters, while it has only topped revenue estimates once during the same period [2] Earnings Outlook - The immediate price movement of FTI Consulting's stock will largely depend on management's commentary during the earnings call and the sustainability of earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.89, with projected revenues of $916.33 million, and for the current fiscal year, the EPS estimate is $7.85 on revenues of $3.69 billion [7] Industry Context - The Consulting Services industry, to which FTI Consulting belongs, is currently ranked in the top 9% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% of industries [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] Stock Performance - FTI Consulting shares have declined approximately 11.8% since the beginning of the year, while the S&P 500 has decreased by 8.6% [3] - The estimate revisions trend for FTI Consulting is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expectations of underperformance in the near future [6]