FTI Consulting Earnings Reports

FTI Consulting's Q4 2024 revenue decreased by 3.2% year-over-year, driven by lower demand in the Corporate Finance & Restructuring and Technology segments. Net income fell to $49.7 million from $81.6 million in Q4 2023. Adjusted EPS dropped to $1.56 from $2.28 in the prior year quarter. The Forensic and Litigation Consulting segment saw an increase in revenue, but overall profitability was negatively impacted by higher compensation and SG&A expenses.

FTI Consulting reported weaker than expected Q3 2024 earnings, with revenue growth of 3.7% year-over-year. The company faced market challenges in Asia and internal delays in North American FLC and strategy businesses. Revenue and EPS guidance for the full year were updated.

FTI Consulting reported a revenue increase of 9.8% compared to Q2 2023, reaching $949.16 million. Net income rose by 34.5% to $83.95 million, with earnings per diluted share increasing by 33.7% to $2.34. Adjusted EBITDA increased by 15.7% to $115.92 million, and the adjusted EBITDA margin improved to 12.2%.

FTI Consulting reported a strong first quarter with record revenues of $928.6 million, a 15.1% increase year-over-year. EPS grew by 66.4% to $2.23. The company benefited from increased utilization and billable rates. While the company acknowledges positive impacts from lower tax rates and higher success fees, they are maintaining their full-year guidance.