Evan Vitale Consulting: FTI Consulting (FCN) Announces Quarterly Earnings Results, Misses Expectations …

Friday, October 30, 2015

FTI Consulting (FCN) Announces Quarterly Earnings Results, Misses Expectations … – Money Flow Index

FTI Consulting (FCN) announced its quarterly earnings results on Thursday, Oct-29-2015. The company reported $0.53 Earnings Per Share for the quarter, missing the analyst consensus estimate by $-0.01. Analyst had a consensus of $0.54 EPS. The company had revenue of $455.50 million for the quarter, compared to analysts expectations of $460.61 million.The company’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, FTI Consulting posted $0.63 EPS.

Currently the company Insiders own 0.91% of FTI Consulting, Inc. shares according to the proxy statements. Institutional Investors own 96.28% of FTI Consulting, Inc. shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Klink Heather, officer (Acting General Counsel) of Fti Consulting Inc, unloaded 1,381 shares at an average price of $39.17 on May 7, 2015. The total amount of the transaction was worth $54,094, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The company shares have rallied 18.62% from its 1 Year high price. On Oct 7, 2015, the shares registered one year high at $45.98 and the one year low was seen on Dec 12, 2014. The 50-Day Moving Average price is $43.15 and the 200 Day Moving Average price is recorded at $41.09.FTI Consulting, Inc. is up 6.08% in the last 3-month period. Year-to-Date the stock performance stands at 12.97%.”

FTI Consulting, Inc. (NYSE:FCN): The mean short term price target for FTI Consulting, Inc. (NYSE:FCN) has been established at $47.75 per share. The higher price target estimate is at $51 and the lower price target estimate is expected at $45 according to 4 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $3.2

FTI Consulting, Inc. (NYSE:FCN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.16% or 0.51 points. After the session commenced at $44.01, the stock reached the higher end at $44.37 while it hit a low of $43.16. With the volume soaring to 182,147 shares, the last trade was called at $43.64. The company has a 52-week high of $45.98. The company has a market cap of $1,826 million and there are 41,840,581 shares in outstanding. The 52-week low of the share price is $34.28.

FTI Consulting, Inc. (FTI Consulting) is a global business advisory firm. FTI Consulting operates in five business segments: Corporate Finance/Restructuring; Forensic and Litigation Consulting; Economic Consulting; Technology; and Strategic Communications. It assists clients in 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, mergers and acquisitions, antitrust and competition matters, electronic discovery (e-discovery) management and retrieval of electronically stored information, reputation management and strategic communications. Effective March 19, 2013, the Company acquired C2 Group. In April 2013, it acquired Taylor Woodings. In May 2013, it announced that Compass Lexecon, LLC, a wholly owned subsidiary of FTI Consulting, Inc., has acquired Princeton Economics Group.

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