Equity Profile

FCN

FTI Consulting, Inc.

IndustrialsResearch & Consulting Services$4.8B

Apr30Thu

Post-Earnings Recap

ReportedQ1-2026Pre-Market7:30 AM EDT

FTI Consulting Misses on EPS, Stock Down 0.02%

Metric	Actual	Expected	Surprise
EPS	$1.90	$2.07	-9.95%
Revenue	N/A	$971M	N/A

management commentary, guidance changes, and full analysis available with Pro.

FTI Consulting Misses on EPS, Stock Down 0.02%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$1.90	$2.07	-9.95%
Revenue	N/A	$971M	N/A

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based solely on numerical results.

What It Means

FTI Consulting's earnings report shows a notable miss on EPS, which may raise concerns among investors about the company's performance. The stock's minimal reaction, down just 0.02%, suggests that the market may have already priced in some of these expectations. Without additional context from management, it's difficult to gauge the long-term implications of this quarter's results.

Company Snapshot

FTI Consulting, Inc. (FCN) is a global consulting firm that provides services in areas like financial advisory, forensic and litigation consulting, and strategic communications....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and financial health.

$2.07

Revenue

Total revenue reflects the company's ability to generate sales and is critical for assessing growth.

$971M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

FTI Consulting, Inc. (FCN) is a global consulting firm that provides services in areas like financial advisory, forensic and litigation consulting, and strategic communications. As part of the industrials sector, it plays a crucial role in helping businesses navigate complex challenges and improve their operations, especially in times of economic uncertainty.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+12.40%

Avg Stock Reaction

-3.16%

Last Quarter Recap

In Q4-2025, FTI Consulting reported an EPS of $1.78, significantly beating expectations by 28.52%. The stock reacted positively, gaining 5.08% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect FTI Consulting to report strong earnings this quarter, with a consensus EPS of $2.07. The company has a solid track record of beating earnings expectations, which could lead to positive market reactions.

Bull Case

If FTI Consulting exceeds the EPS estimate, it could reinforce investor confidence and lead to a significant stock price increase, especially given its history of strong performance.

Bear Case

Conversely, if the company fails to meet expectations, it could trigger a sharp decline in stock price, as seen in previous quarters when earnings missed.

Key Metrics to Watch

EPS

$2.07

Earnings per share is a key indicator of the company's profitability and financial health.

Revenue

$971M

Total revenue reflects the company's ability to generate sales and is critical for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will FTI Consulting's EPS exceed the consensus estimate of $2.07?

A beat on EPS could signal strong operational performance and boost investor confidence.

What guidance will management provide regarding future revenue growth?

Investors will be looking for insights on growth prospects, especially in light of recent economic trends.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate FTI Consulting's ability to capitalize on increased demand for consulting services in a volatile economic environment.

Supporting Evidence

FTI has consistently beaten EPS estimates, indicating a strong operational performance that may not be fully reflected in current expectations.

The options market is pricing a larger move than historical averages, suggesting that traders anticipate significant developments.

The company's recent performance trends indicate resilience, which could lead to better-than-expected results.

Key Risk

If revenue growth exceeds $1 billion, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether FTI Consulting can maintain its growth trajectory amid economic fluctuations.

Bull Confirmed If

An EPS of $2.15 or higher would confirm strong demand and operational efficiency.

Bear Confirmed If

An EPS below $1.90 would suggest potential weaknesses in the business model.

Pre-Earnings Positioning

Options Market

Implied Move

±9.83%

Historical Avg

±5.3%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±9.8% while FCN has averaged ±5.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

22.5%

Calls (8K)P/C Ratio: 0.45Puts (6K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If FTI beats expectations, history suggests the stock could rise by around 0.33% on the following day, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

Should the company miss expectations, history indicates a potential decline of about 13.27%, which could raise concerns about its growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new client acquisitions or contracts.
2Insights into the impact of economic conditions on consulting demand.
3Management's commentary on cost management and operational efficiency.
4Guidance on revenue growth expectations for the next quarter.
5Details on any strategic initiatives or investments planned for the upcoming year.

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Company Snapshot

FTI Consulting, Inc. (FCN) is a global consulting firm that provides services in areas like financial advisory, forensic and litigation consulting, and strategic communications....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and financial health.

$2.07

Revenue

Total revenue reflects the company's ability to generate sales and is critical for assessing growth.

$971M

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+12.40%

Avg Stock Reaction

-3.16%

Last Quarter Recap

In Q4-2025, FTI Consulting reported an EPS of $1.78, significantly beating expectations by 28.52%. The stock reacted positively, gaining 5.08% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If FTI Consulting exceeds the EPS estimate, it could reinforce investor confidence and lead to a significant stock price increase, especially given its history of strong performance.

Bear Case

Conversely, if the company fails to meet expectations, it could trigger a sharp decline in stock price, as seen in previous quarters when earnings missed.

Key Metrics to Watch

EPS

$2.07

Earnings per share is a key indicator of the company's profitability and financial health.

Revenue

$971M

Total revenue reflects the company's ability to generate sales and is critical for assessing growth.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will FTI Consulting's EPS exceed the consensus estimate of $2.07?

A beat on EPS could signal strong operational performance and boost investor confidence.

What guidance will management provide regarding future revenue growth?

Investors will be looking for insights on growth prospects, especially in light of recent economic trends.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate FTI Consulting's ability to capitalize on increased demand for consulting services in a volatile economic environment.

Supporting Evidence

FTI has consistently beaten EPS estimates, indicating a strong operational performance that may not be fully reflected in current expectations.

The options market is pricing a larger move than historical averages, suggesting that traders anticipate significant developments.

The company's recent performance trends indicate resilience, which could lead to better-than-expected results.

Key Risk

If revenue growth exceeds $1 billion, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether FTI Consulting can maintain its growth trajectory amid economic fluctuations.

Bull Confirmed If

An EPS of $2.15 or higher would confirm strong demand and operational efficiency.

Bear Confirmed If

An EPS below $1.90 would suggest potential weaknesses in the business model.

Pre-Earnings Positioning

Options Market

Implied Move

±9.83%

Historical Avg

±5.3%

Pricing rich

The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±9.8% while FCN has averaged ±5.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

22.5%

Calls (8K)P/C Ratio: 0.45Puts (6K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If FTI beats expectations, history suggests the stock could rise by around 0.33% on the following day, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

Should the company miss expectations, history indicates a potential decline of about 13.27%, which could raise concerns about its growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new client acquisitions or contracts.
2Insights into the impact of economic conditions on consulting demand.
3Management's commentary on cost management and operational efficiency.
4Guidance on revenue growth expectations for the next quarter.
5Details on any strategic initiatives or investments planned for the upcoming year.