FTI Consulting (FCN) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.83 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.41. Analysts had a consensus of $0.42. The company posted revenue of $470.30 million in the period, compared to analysts expectations of $439.32 million. The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.
FTI Consulting opened for trading at $34.36 and hit $34.8 on the upside on Wednesday, eventually ending the session at $34.64, with a gain of 1.20% or 0.41 points. The heightened volatility saw the trading volume jump to 4,34,560 shares. Company has a market cap of $1,428 M.
In a different news, on Nov 6, 2015, David M /ct Johnson (CFO) purchased 15,000 shares at $36.14 per share price. According to the SEC, on May 8, 2015, Heather Klink (Acting General Counsel) sold 1,381 shares at $39.17 per share price.
FTI Consulting Inc. (FTI Consulting) is a global business advisory firm. The Company operates through five segments: Corporate Finance/Restructuring Forensic and Litigation Consulting Economic Consulting Technology and Strategic Communications. The Company assists clients addressing a range of business challenges such as restructuring (including bankruptcy) financing and credit issues and indebtedness interim business management forensic accounting and litigation matters international arbitrations merger and acquisitions (M&A) antitrust and competition matters securities litigation electronic discovery (e-discovery) management and retrieval of electronically stored information (ESI) reputation management and strategic communications. The Company also provides services to help its clients take advantage of economic regulatory financial and other business opportunities.