FTI Consulting (FCN) Scheduled to Post Quarterly Earnings on Thursday

FTI Consulting (NYSE:FCN) is scheduled to announce its earnings results before the market opens on Thursday, July 25th. Analysts expect the company to announce earnings of $1.95 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

FTI Consulting (NYSE:FCN) last issued its earnings results on Thursday, April 25th. The business services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.47. The company had revenue of $928.60 million for the quarter, compared to analysts’ expectations of $901.77 million. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. FTI Consulting’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.34 EPS. On average, analysts expect FTI Consulting to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

FTI Consulting Stock Down 1.5 %

Shares of FCN stock opened at $227.19 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.46 and a current ratio of 2.46. The firm’s 50-day moving average is $217.24 and its 200-day moving average is $209.38. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 26.42 and a beta of 0.09. FTI Consulting has a 52-week low of $171.81 and a 52-week high of $232.15.

Insider Buying and Selling at FTI Consulting

In other FTI Consulting news, CFO Ajay Sabherwal sold 596 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $226.13, for a total value of $134,773.48. Following the transaction, the chief financial officer now directly owns 13,455 shares of the company’s stock, valued at approximately $3,042,579.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other FTI Consulting news, CEO Steven Henry Gunby sold 28,440 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $218.61, for a total transaction of $6,217,268.40. Following the transaction, the chief executive officer now owns 287,184 shares in the company, valued at approximately $62,781,294.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Ajay Sabherwal sold 596 shares of the stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $226.13, for a total transaction of $134,773.48. Following the transaction, the chief financial officer now owns 13,455 shares in the company, valued at approximately $3,042,579.15. The disclosure for this sale can be found here. Insiders have sold a total of 51,088 shares of company stock valued at $11,163,977 in the last three months. 2.51% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FCN shares. William Blair reaffirmed an “outperform” rating on shares of FTI Consulting in a report on Tuesday, June 25th. StockNews.com cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, April 26th.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.