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FTI Consulting Q3 Earnings Fall, Revenue Rises; 2024 Outlook Updated
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FTI Consulting Q3 Earnings Fall, Revenue Rises; 2024 Outlook Updated
Oct 24, 2024 8:31 PM

08:03 AM EDT, 10/24/2024 (MT Newswires) -- FTI Consulting ( FCN ) reported Q3 earnings Thursday of $1.85 per diluted share, down from $2.34 a year earlier.

Analysts polled by Capital IQ expected $2.06.

Revenue for the quarter ended Sept. 30 was $926 million, up from $893.3 million a year earlier.

Analysts surveyed by Capital IQ expected $946.2 million.

The company now expects 2024 earnings between $7.90 and $8.35 per share, compared with the prior guidance of $8.10 to $8.60. Analysts polled by Capital IQ expect $8.48.

Revenue for the year is expected between $3.70 billion and $3.75 billion, compared with $3.70 billion to $3.79 billion previously. Analysts surveyed by Capital IQ expect $3.76 billion.

FTI Consulting ( FCN ) shares fell 5.2% in recent premarket activity.

Price: 217.51, Change: -11.99, Percent Change: -5.22

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