FTI Consulting (NYSE:FCN) Updates FY 2026 Earnings Guidance

FTI Consulting (NYSE:FCN) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 8.700-9.300 for the period, compared to the consensus EPS estimate of 9.230. The company issued revenue guidance of $3.9 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion.

FTI Consulting Trading Down 2.7%

FTI Consulting stock opened at $159.68 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. FTI Consulting has a 12 month low of $137.65 and a 12 month high of $189.30. The company’s fifty day simple moving average is $155.45 and its 200-day simple moving average is $165.33. The stock has a market cap of $4.81 billion, a P/E ratio of 19.31 and a beta of -0.04.

FTI Consulting (NYSE:FCN) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The business had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. During the same quarter in the prior year, the business posted $2.13 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, sell-side analysts forecast that FTI Consulting will post 9.1 EPS for the current fiscal year.

FTI Consulting announced that its board has initiated a share repurchase plan on Friday, June 5th that permits the company to buyback $370.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 7.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages recently commented on FCN. Weiss Ratings lowered FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a report on Tuesday, May 19th. Finally, Truist Financial boosted their target price on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $174.50.

Insider Activity at FTI Consulting

In other news, CFO Eun Nam bought 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $144.59 per share, for a total transaction of $289,180.00. Following the completion of the purchase, the chief financial officer owned 21,592 shares in the company, valued at approximately $3,121,987.28. This trade represents a 10.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Steven Henry Gunby acquired 10,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $144.17 per share, with a total value of $1,441,700.00. Following the completion of the acquisition, the chief executive officer directly owned 326,984 shares in the company, valued at approximately $47,141,283.28. This represents a 3.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 14,400 shares of company stock valued at $2,076,576. Corporate insiders own 1.80% of the company’s stock.

Trending Headlines about FTI Consulting

Here are the key news stories impacting FTI Consulting this week:

• Positive Sentiment: Second-quarter revenue reached a record $993.5 million, up 5.3% year over year and broadly in line with analyst expectations. Growth was led by Corporate Finance, Technology, and Forensic and Litigation Consulting. FTI Consulting Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Adjusted EPS increased to $2.16 from $2.13 a year earlier after excluding $6.6 million of extraordinary litigation-related expenses. Operating cash flow improved sharply to $152.3 million for the quarter, supporting capital returns. FTI Consulting Posts Record Q2 Revenue, Reaffirms 2026 Outlook
• Positive Sentiment: FTI Consulting repurchased approximately 2.6 million shares for $390.9 million during the quarter and has about $344 million remaining under its buyback authorization, potentially supporting per-share results.
• Neutral Sentiment: The company reaffirmed 2026 revenue guidance of $3.94 billion to $4.10 billion and introduced adjusted EPS guidance of $9.10 to $9.70, indicating confidence in underlying operations.
• Negative Sentiment: Adjusted EPS of $2.16 missed the $2.26 consensus estimate, while revenue was slightly below the $997.6 million consensus. GAAP diluted EPS fell to $1.99 from $2.13, and net income declined to $57.8 million from $71.7 million.
• Negative Sentiment: Full-year GAAP EPS guidance was reduced to $8.70-$9.30 from $8.90-$9.60, below the roughly $9.23 analyst expectation. Management attributed the gap partly to anticipated litigation-related expenses.
• Negative Sentiment: Adjusted EBITDA fell to $104.5 million from $111.6 million, reducing the margin to 10.5% from 11.8%. Higher compensation, selling expenses, interest costs, and weakness in Economic Consulting pressured profitability. Net debt also increased substantially as buybacks were funded with debt.

Hedge Funds Weigh In On FTI Consulting

A number of institutional investors and hedge funds have recently made changes to their positions in FCN. Dimensional Fund Advisors LP increased its position in shares of FTI Consulting by 14.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 861,694 shares of the business services provider’s stock valued at $147,208,000 after buying an additional 106,272 shares during the period. Alliancebernstein L.P. increased its position in shares of FTI Consulting by 14.0% in the third quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider’s stock worth $127,001,000 after purchasing an additional 96,723 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in FTI Consulting by 2.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 525,577 shares of the business services provider’s stock valued at $89,786,000 after purchasing an additional 13,840 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in FTI Consulting by 17.0% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 380,265 shares of the business services provider’s stock valued at $64,961,000 after purchasing an additional 55,365 shares in the last quarter. Finally, Invesco Ltd. lifted its position in FTI Consulting by 19.8% during the third quarter. Invesco Ltd. now owns 363,947 shares of the business services provider’s stock valued at $58,832,000 after purchasing an additional 60,197 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Company Profile

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.