Core Insights - FTI Consulting, Inc. (FCN) reported strong third-quarter 2025 results, with both earnings and revenues exceeding the Zacks Consensus Estimate [1][11] - Following the positive results and raised guidance for 2025 earnings, FCN's stock increased by 2.7% since the earnings release on October 23 [1] - FCN expects full-year EPS to be between $8.20 and $8.70, surpassing the Zacks Consensus Estimate of $7.96 [1][10] Financial Performance - Quarterly adjusted EPS was $2.60, beating the Zacks Consensus Estimate by 34.7% and increasing 40.5% year over year [2][9] - Total revenues reached $956.2 million, exceeding the consensus estimate by 1.4% but declining 3.3% year over year [2][9] Segment Performance - Technology revenues decreased by 14.8% year over year to $94.08 million, primarily due to lower demand for M&A-related services [3] - Economic Consulting revenues fell 22% year over year to $173.09 million, driven by reduced demand for M&A-related antitrust services [3] - Corporate Finance & Restructuring revenues increased by 18.6% year over year to $379.2 million, attributed to higher demand for restructuring services [4] - Strategic Communications revenues rose by 20.8% year over year to $405 million, driven by increased demand for corporate reputation services [4] - Forensic and Litigation Consulting revenues grew by 15.4% year over year to $195 million, supported by higher realized bill rates for risk and investigations services [5] Margin and Cash Flow - Adjusted EBITDA was $130.6 million, up 26.8% year over year, with an adjusted EBITDA margin of 13.7%, an increase of 260 basis points [6][9] - FCN ended the quarter with cash and cash equivalents of $145.97 million, down from $152.8 million in the previous quarter, and generated $201.9 million from operating activities [7] Guidance - FCN now estimates full-year 2025 revenues to be between $3.685 billion and $3.735 billion, aligning with the Zacks Consensus Estimate of $3.71 billion [8]

Core Insights - FTI Consulting reported revenue of $956.17 million for Q3 2025, a 3.3% year-over-year increase, with an EPS of $2.60 compared to $1.85 a year ago, exceeding both revenue and EPS estimates [1] - The company achieved a revenue surprise of +1.41% and an EPS surprise of +34.72% compared to consensus estimates [1] Revenue Breakdown - Technology segment revenue was $94.08 million, below the average estimate of $89.48 million, reflecting a year-over-year decline of -14.8% [4] - Strategic Communications segment revenue reached $89.42 million, exceeding the average estimate of $98.35 million, with a year-over-year increase of +7.4% [4] - Corporate Finance & Restructuring segment reported $404.9 million, surpassing the estimated $378.75 million, marking an +18.6% year-over-year increase [4] - Economic Consulting segment revenue was $173.09 million, below the average estimate of $181.74 million, showing a year-over-year decline of -22% [4] - Forensic and Litigation Consulting segment generated $194.69 million, slightly below the estimated $195.1 million, with a year-over-year increase of +15.4% [4] Stock Performance - FTI Consulting shares have returned -3% over the past month, while the Zacks S&P 500 composite increased by +0.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Core Viewpoint - FTI Consulting, Inc. is expanding its Forensic and Litigation Consulting segment in Asia with the appointment of Martin Tupila as Senior Managing Director, enhancing its capabilities in addressing complex financial investigations and regulatory compliance [1][4]. Group 1: Appointment and Experience - Martin Tupila has over 20 years of experience in forensic accounting, financial investigations, and compliance advisory across Asia, Europe, and Australia [2]. - Prior to joining FTI Consulting, Mr. Tupila led the ASEAN claims and disputes practice at a global accounting firm and headed the greater China forensic practice at a leading advisory firm [4]. Group 2: Role and Responsibilities - In his new role, Mr. Tupila will work with clients on issues related to accounting improprieties, conflicts of interest, and regulatory circumvention [3]. - He will collaborate with a team of forensic accountants, financial experts, and data analysts to analyze complex data and support legal teams [3]. Group 3: Strategic Importance - The appointment of Mr. Tupila reinforces FTI Consulting's commitment to growing its forensic capabilities in Asia and enhances the firm's regional expertise [4]. - This addition follows the recent appointments of Senior Managing Directors Rosie Hawes and Andrew Macintosh, further strengthening the firm's multidisciplinary expertise in forensic accounting and investigations [5]. Group 4: Company Overview - FTI Consulting, Inc. is a leading global expert firm with over 7,900 employees in 32 countries, generating $3.70 billion in revenues during fiscal year 2024 [6].