FTI Consulting falls on weak annual forecast

FTI Consulting

20/02/2025 16:37

** Shares of advisory firm FTI Consulting  FCN.N  down 8.45%
at $174.10, their lowest since July 2023
    ** Co expects FY25 rev. between $3.66 bln and $3.81 bln,
below analysts' average estimate of $3.90 bln, according to data
compiled by LSEG
    ** Sees FY25 adj. profit between $7.80-$8.60 per share,
below analysts' average estimate of $8.68 per share
    ** FCN reports Q4 rev. of $894.9 mln, vs. est $913.6 mln
    ** Q4 adj. profit $1.56 per share vs. est of $1.73 per share
    ** Shares fell ~4.03% in 2024

 (Reporting by Megha Kumari in Bengaluru)
 ((Megha.Kumari@thomsonreuters.com;))