FTI Consulting, Inc. (NYSE:FCN) – Analysts at William Blair boosted their Q4 2018 earnings per share (EPS) estimates for FTI Consulting in a report issued on Thursday, October 25th. William Blair analyst T. Mchugh now anticipates that the business services provider will post earnings of $0.63 per share for the quarter, up from their previous forecast of $0.54. William Blair also issued estimates for FTI Consulting’s Q1 2019 earnings at $0.77 EPS, Q2 2019 earnings at $0.91 EPS, Q4 2019 earnings at $1.05 EPS, Q1 2020 earnings at $0.86 EPS, Q2 2020 earnings at $0.96 EPS, Q3 2020 earnings at $1.17 EPS and FY2020 earnings at $4.15 EPS.

FCN has been the topic of a number of other research reports. Zacks Investment Research lowered shares of FTI Consulting from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 26th. Sidoti upgraded shares of FTI Consulting from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 10th.

Shares of FCN opened at $69.12 on Monday. FTI Consulting has a 52 week low of $39.57 and a 52 week high of $81.91. The stock has a market capitalization of $2.64 billion and a P/E ratio of 29.79. The company has a current ratio of 1.64, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings results on Thursday, October 25th. The business services provider reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.42. FTI Consulting had a net margin of 9.73% and a return on equity of 11.91%. The business had revenue of $513.01 million for the quarter, compared to analyst estimates of $471.78 million.

A number of institutional investors and hedge funds have recently made changes to their positions in FCN. FMR LLC grew its stake in FTI Consulting by 419.0% in the 2nd quarter. FMR LLC now owns 2,982,035 shares of the business services provider’s stock valued at $180,353,000 after buying an additional 2,407,460 shares during the last quarter. Acadian Asset Management LLC acquired a new position in FTI Consulting in the 2nd quarter valued at about $33,146,000. BlackRock Inc. grew its stake in FTI Consulting by 7.9% in the 2nd quarter. BlackRock Inc. now owns 5,283,500 shares of the business services provider’s stock valued at $319,546,000 after buying an additional 385,929 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd grew its stake in FTI Consulting by 1,309.2% in the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 370,806 shares of the business services provider’s stock valued at $27,139,000 after buying an additional 344,492 shares during the last quarter. Finally, Millennium Management LLC grew its stake in FTI Consulting by 272.2% in the 1st quarter. Millennium Management LLC now owns 153,579 shares of the business services provider’s stock valued at $7,435,000 after buying an additional 112,316 shares during the last quarter. Institutional investors and hedge funds own 93.76% of the company’s stock.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company's Corporate Finance & Restructuring segment provides turnaround and restructuring, business transformation, interim management, valuation and financial advisory, transaction, dispute advisory, and tax services, as well as mergers and acquisitions (M&A), and M&A integration services.

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Earnings History and Estimates for FTI Consulting (NYSE:FCN)

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