FTI Consulting beats Q3 revenue estimates, raises FY forecast

FTI Consulting

23/10/2025 12:38

Overview

FTI Consulting Q3 revenue rises 3.3% to $956.2 mln, beating analyst expectations

EPS for Q3 2025 increased 41% to $2.60 from $1.85

Company expanded stock repurchase program by $500 mln on Oct 21

Outlook

FTI Consulting sees 2025 revenue between $3.685 bln and $3.735 bln

Company expects 2025 EPS between $7.62 and $8.12

Adjusted EPS for 2025 expected to be between $8.20 and $8.70

Result Drivers

CORPORATE FINANCE & RESTRUCTURING - Record revenues driven by increased demand for restructuring and transactions services and higher realized bill rates for transformation & strategy services

FORENSIC AND LITIGATION CONSULTING - Growth attributed to higher realized bill rates and increased demand for risk and investigations services

ECONOMIC CONSULTING DECLINE - Decreased demand for non-M&A-related antitrust services led to revenue drop

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$956.20 mln
$941.20 mln (3 Analysts)
Q3 EPS
$2.60


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 $174.50, about 12.2% above its October 21 closing price of $153.25

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX4R4YhN

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(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.)