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2023

FTI Consulting: Q1 Earnings Snapshot

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WASHINGTON (AP) — WASHINGTON (AP) — FTI Consulting Inc. (FCN) on Thursday reported first-quarter net income of $47.5 million.

On a per-share basis, the Washington-based company said it had net income of $1.34.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.

The business advisory firm posted revenue of $806.7 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $787.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCN at https://www.zacks.com/ap/FCN

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