FTI Consulting's Q2 revenue beats expectations

FTI Consulting

24/07/2025 12:41

Overview

FTI Consulting Q2 revenue falls 0.6% yr/yr but beats analyst expectations

EPS for Q2 2025 declines to $2.13 from $2.34 in prior year

Company repurchased 2.19 mln shares, impacting cash and debt levels

Outlook

FTI Consulting sees 2025 revenue between $3.660 bln and $3.760 bln

Company expects 2025 EPS to range from $7.24 to $7.84

FTI Consulting forecasts 2025 adjusted EPS between $7.80 and $8.40

Result Drivers

REVENUE DECLINE - Revenues decreased by 0.6% to $943.7 mln, primarily due to lower revenues in Economic Consulting and Technology segments, partially offset by higher revenues in other segments

SEGMENT GROWTH - Corporate Finance & Restructuring and Forensic and Litigation Consulting segments saw revenue growth driven by increased demand for restructuring, transactions services, and higher realized bill rates

REVENUE DECLINE FACTORS - Economic Consulting and Technology segments faced revenue declines due to lower demand for M&A-related antitrust services and 'second request' services, respectively

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$943.70 mln
$912.20 mln (3 Analysts)
Q2 EPS
$2.13


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for FTI Consulting Inc is $178.00, about 5.9% above its July 23 closing price of $167.55

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nGNX4BnY0j

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)