FTI Consulting

FTI Consulting, Inc. engages in the provision of financial, legal, operational, political and regulatory, reputational and transactional advisory services. It operates through the following segments: Corporate Finance and Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The Corporate Finance and Restructuring segment focuses on the strategic, operational, financial, and capital needs of clients. The Forensic and Litigation Consulting segment offers law firms, companies, government clients, and other interested parties with multidisciplinary, independent dispute advisory, investigations, data analytics, forensic accounting, business intelligence, risk mitigation services and interim management services for health solutions practice clients. The Economic Consulting segment consists of the analysis of complex economic issues for use in legal, regulatory and international arbitration proceedings, strategic decision making, and public policy debates for law firms, companies, government entities and other interested parties. The Technology segment includes a portfolio of information governance, e-discovery and data analytics software, services, and consulting support to corporations, law firms, courts and government agencies. The Strategic Communications segment designs and executes communications strategies for management teams and boards of directors relating to managing financial, regulatory and reputational challenges, navigating market disruptions, articulating brand, staking a competitive position, and preserving and growing operations. The company was founded by Dan Luczak and Joseph Reynolds in 1982 and is headquartered in Washington, DC.

Earnings data Q1 2021

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Earnings data Q4 2024

FTI Consulting reports record 2022 earnings, focuses on talent growth

FTI Consulting's strong performance in 2022 with record revenue and earnings, exceeding Q4 expectations.
Diversified business model with resilience across economic cycles and emphasis on talent acquisition over layoffs.
Challenges include margin pressure in tech business and lower utilization in certain segments.
Opportunities lie in talent acquisition during difficult times and expected growth in headcount.

FTI Consulting reports record revenues but faces bottom line challenges

FTI Consulting reported record revenues but faced challenges in bottom line performance.
Management remains confident in the company's performance and sees opportunities in segment growth.
Focus on managing expenses, margin expansion, and seizing hiring opportunities.
Guidance for the year unchanged, expecting growth in restructuring activity and various segments.

FTI Consulting reports robust Q2 results amidst revised guidance

FTI Consulting's Q2 performance reflects strong revenue growth and operational efficiency.
While facing challenges from economic uncertainties and cost pressures, the company remains focused on sustainable growth.
Opportunities lie in leveraging SG&A costs, market share gains in key segments, and long-term value delivery.
Revised guidance underscores the need for strategic adjustments to navigate evolving market conditions.

FTI Consulting reports record revenues and earnings growth in Q3

FTI Consulting delivered strong Q3 2023 performance with record revenues, earnings growth, and segment expansion, showcasing resilience and strategic decision-making.
While facing challenges like billing lag and international expansion impact on earnings, the company maintains financial stability and focuses on long-term growth opportunities.
Opportunities lie in operational efficiency improvements, international growth prospects, and segment optimization, positioning FTI Consulting for continued success and market adaptability.

FTI Consulting reports record revenues in Q4 2023, eyes growth

FTI Consulting delivered strong financial performance in Q4 2023, with record revenues and earnings growth across key segments.
While facing challenges like lower revenue growth guidance and deferred revenue issues, the company remains confident in its long-term prospects.
Opportunities lie in expanding international markets, enhancing technological capabilities, and addressing hiring needs for sustained growth.
Overall, FTI Consulting's strategic focus on innovation and market competitiveness positions it well for continued success and resilience.

FTI Consulting reports record Q1 earnings amidst growth opportunities

FTI Consulting delivered strong financial performance in Q1 2024, with record revenues and earnings per share growth across all segments.
The company faces challenges in adjusting headcount growth, potential margin erosion in Economic Consulting, and longer project durations in non-M&A antitrust projects.
However, FTI Consulting's proactive approach to evaluating core businesses, exploring new opportunities, and managing investments positions them well for future growth.
With market disruptions and increasing M&A activity, the company has opportunities to capitalize on new revenue streams and expand its client base.

FTI Consulting reports robust Q2 results, raises full-year guidance

FTI Consulting's Q2 2024 earnings call showcased strong financial performance and strategic initiatives for future growth.
The company addressed challenges in certain segments while emphasizing opportunities in key areas like Corporate Finance & Restructuring.
Optimism about the future trajectory and proactive measures to address headcount growth underscore FTI Consulting's resilience and strategic focus.
Analysts' inquiries reflected interest in hiring prospects, demand outlook, and the company's ability to navigate seasonal fluctuations.

FTI Consulting reports Q3 revenue shortfall but remains optimistic

FTI Consulting faced challenges in Q3 2024 but remains optimistic about long-term prospects.
Management highlighted talent investments, segment performance, and strategic focus areas.
Despite revenue declines in some segments, opportunities for growth and expansion exist.
FTI Consulting's emphasis on shareholder value and long-term growth guides its strategic direction.

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FTI Consulting, Inc. engages in the provision of financial, legal, operational, political and regulatory, reputational and transactional advisory services. It operates through the following segments: Corporate Finance and Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The Corporate Finance and Restructuring segment focus on the strategic, operational, financial, and capital needs of clients. The Forensic and Litigation Consulting segment offers law firms, companies, government clients, and other interested parties with multidisciplinary, independent dispute advisory, investigations, data analytics, forensic accounting, business intelligence, risk mitigation services and interim management services for health solutions practice clients. The Economic Consulting segment consists of the analysis of complex economic issues for use in legal, regulatory and international arbitration proceedings, strategic decision making, and public policy debates for law firms, companies, government entities and other interested parties. The Technology segment includes a portfolio of information governance, e-discovery and data analytics software, services, and consulting support to corporations, law firms, courts and government agencies. The Strategic Communications segment designs and executes communications strategies for management teams and boards of directors relating to managing financial, regulatory and reputational challenges, navigating market disruptions, articulating brand, staking a competitive position, and preserving and growing operations. The company was founded by Dan Luczak and Joseph Reynolds in 1982 and is headquartered in Washington, DC.

FTI Consulting's (FCN) fourth-quarter 2022 earnings and revenues increase year over year.

FTI Consulting (FCN) Shares Barely Move Post Q4 Earnings Beat

FTI Consulting, Inc. (NYSE:FCN ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Mollie Hawkes – Head of Investor Relations Steven Gunby – President and Chief Executive Officer Ajay Sabherwal – Chief Financial Officer Conference Call Participants Tobey Sommer – the Truist Securities James Yaro – Goldman Sachs Andrew Nicholas – William Blair Operator Good day, and welcome to the FTI Consulting Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode.

FTI Consulting, Inc. (FCN) Q4 2022 Earnings Call Transcript

FTI Consulting (FCN) delivered earnings and revenue surprises of 14.29% and 4.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

FTI Consulting (FCN) Q4 Earnings and Revenues Beat Estimates

WASHINGTON, Feb. 23, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released financial results for the full year and fourth quarter ended December 31, 2022.

FTI Consulting Reports Fourth Quarter and Full Year 2022 Financial Results

FTI Consulting's (FCN) segmental revenue growth seems to have been offset by the effect of high selling, general and administrative expenses.

Here's What to Expect From FTI Consulting (FCN) Q4 Earnings

In-Depth Report Details Global and Critical Data-Related Trends Across Corporate Functions In-Depth Report Details Global and Critical Data-Related Trends Across Corporate Functions

FTI Consulting Survey Finds Operational and Compliance Implications Will Intensify Across Every Aspect of Digital Insights and Risk Management

Book Features Expert Insight from 90 Contributors Across Several Firms to Help Corporate Leaders and Board Members Navigate Restructurings Book Features Expert Insight from 90 Contributors Across Several Firms to Help Corporate Leaders and Board Members Navigate Restructurings

FTI Consulting Releases Second Edition of Directors' and Officers' Guide to Restructuring

WASHINGTON, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Chief Financial Officers view inflation and cost of capital as the top two risks facing their businesses as they prepare for slower growth over the next 18 months, according to findings from a new survey conducted by the Office of the CFO Solutions practice at FTI Consulting, Inc. (NYSE: FCN), in collaboration with the finance publication CFO Dive. The survey also marks the first time FTI Consulting has obtained responses from CFOs and finance leaders around the world.

FTI Consulting 2023 Global CFO Survey: CFOs Expect Slower Growth into 2024 Due to Inflation, Rising Costs

WASHINGTON, Feb. 09, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Kurt Staelens as a Senior Managing Director in the Retail & Consumer Products practice within the firm's Corporate Finance & Restructuring segment.

FTI Consulting Strengthens Retail & Consumer Products Practice with Appointment of Kurt Staelens

WASHINGTON, Feb. 02, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2022, before the New York market opens on Thursday, February 23, 2023.

FTI Consulting to Release Fourth Quarter and Full Year 2022 Results and Host Conference Call

WASHINGTON, Feb. 01, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Michael Baumkirchner as a Senior Managing Director to lead the Esoteric Asset-backed Securitization offering within the firm's Lender Services practice.

FTI Consulting Appoints Michael Baumkirchner to Lead Esoteric ABS Offering

Majdi Al-Madani Joins as Senior Managing Director and Raed Masri Joins as Managing Director Majdi Al-Madani Joins as Senior Managing Director and Raed Masri Joins as Managing Director

FTI Consulting Expands Capabilities in Saudi Arabia with Two Senior Hires

WASHINGTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Juan Montanez as a Senior Managing Director and Cindy Ward as a Managing Director within the firm's Health Solutions practice.

FTI Consulting Adds Two Senior Professionals to Health Solutions Practice

DUBAI, United Arab Emirates, Jan. 17, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Nilesh Ashar as a Senior Managing Director and Sameep Uchil as a Managing Director in the Dubai International Financial Centre office in Dubai, UAE.

FTI Consulting Enhances Corporate Finance & Restructuring Segment in the Middle East with Addition of Dedicated Tax Practice

Wouter Veugelen Joins the Cybersecurity Practice

FTI Consulting Adds Three Senior Managing Directors in Australia

WASHINGTON, Jan. 11, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that Yvette Austin Smith has joined the firm's Compass Lexecon subsidiary as a Senior Managing Director and Chair of its Global Finance practice.

Industry Leader and Finance Expert Yvette Austin Smith Joins Compass Lexecon as Global Finance Practice Chair

WASHINGTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Lauren Crawford Shaver as a Senior Managing Director and the Head of Healthcare & Life Sciences for the Americas within the firm's Strategic Communications segment.

FTI Consulting Appoints Americas Healthcare & Life Sciences Leader within Strategic Communications Segment

2023 Industry Outlook Identifies Cybersecurity Preparedness, ESG Investment and Increased Deal Activity as Key Trends for 2023 2023 Industry Outlook Identifies Cybersecurity Preparedness, ESG Investment and Increased Deal Activity as Key Trends for 2023

FTI Consulting Survey Finds More Than Two-Thirds of Healthcare & Life Sciences Companies Experienced a Cyber Attack in 2022

WASHINGTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the continued expansion of FTI Capital Advisors (member FINRA/SIPC), the firm's wholly owned investment banking subsidiary, with the addition of Rod Rivera as a Senior Managing Director and David Baker and Roger Kahn as Managing Directors.

FTI Capital Advisors Enhances Healthcare M&A Expertise with the Addition of Three Senior Professionals

WASHINGTON, Dec. 14, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of three senior professionals, further strengthening the financial services capabilities within the firm's Forensic and Litigation Consulting segment.

FTI Consulting Enhances Risk and Compliance Services with Addition of Three Senior Professionals

WASHINGTON, Dec. 08, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that Linda Birta-Mammet, who has served as the Company's Assistant Treasurer since December 2021, was elected by the Board of Directors to serve as Treasurer, effective December 1, 2022.

FTI Consulting Announces Election of Linda Birta-Mammet as Treasurer

In-Depth Survey Uncovers How Global Uncertainties, Economic Turbulence, Technology Advancements, Regulation and ESG Requirements Will Impact In-House Counsel in 2023 In-Depth Survey Uncovers How Global Uncertainties, Economic Turbulence, Technology Advancements, Regulation and ESG Requirements Will Impact In-House Counsel in 2023

General Counsel Report from FTI Consulting and Relativity Finds Resounding Agreement Over Mounting Risk, Demand and Pressure

WASHINGTON, Dec. 02, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that on December 1, 2022, FTI Consulting's Board of Directors authorized the additional amount of $400.0 million to repurchase its outstanding shares of common stock under its stock repurchase program. As of November 30, 2022, FTI Consulting has repurchased approximately 11.3 million shares of its outstanding common stock pursuant to its stock repurchase program at an average price per share of $70.93 for an aggregate cost of approximately $799.0 million. After giving effect to share repurchases through that date and the increased authorization, FTI Consulting has approximately $501.0 million remaining available for common stock repurchases under its program. No time limit has been established for the completion of FTI Consulting's stock repurchase program, and the program may be suspended, discontinued or replaced by the Board at any time without prior notice.

FTI Consulting, Inc. Announces $400.0 Million Stock Repurchase Authorization

WASHINGTON, Nov. 21, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into the second amendment and restatement of its senior secured revolving credit facility (the "Second Amended and Restated Credit Agreement"). The Second Amended and Restated Credit Agreement increases the revolving line of credit from $550.0 million to $900.0 million, extends the maturity date from November 30, 2023 to November 21, 2027, replaces USD LIBOR with, at the Company's option, Term SOFR and Daily Simple SOFR, GBP LIBOR with SONIA, and EUR LIBOR with EURIBOR, and amends certain financial, investment, restricted payment, debt and other covenants to provide the Company with more financial flexibility. BofA Securities Inc., JP Morgan Chase Bank, N.A., HSBC Securities (USA) Inc. and Truist Securities, Inc. acted as joint lead arrangers and joint book managers. The Second Amended and Restated Credit Agreement further provides that, upon the consent of the Company and the Required Lenders (as defined therein), the Second Amended and Restated Credit Agreement may be amended, at the Company's election, to include pricing adjustments based on certain Environmental, Social and Governance (ESG)-related Key Performance Indicators to be established by the Company in consultation with the Sustainability Coordinator (as defined therein). Borrowings under the Second Amended and Restated Credit Agreement may be used to finance working capital and for capital expenditures, other general corporate purposes, permitted acquisitions and other investments.

FTI Consulting Announces Increase of Senior Secured Revolving Line of Credit to $900.0 Million and Extension of Maturity Date to November 21, 2027

MONTRÉAL, Nov. 21, 2022 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the launch of the firm's Corporate Finance & Restructuring segment in Québec with the appointment of restructuring expert Martin Franco as a Senior Managing Director in Montréal. The addition of the Corporate Finance & Restructuring segment in Québec expands the firm's existing capabilities in the market, which include forensic and litigation consulting services.

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