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FTI Consulting Appoints Todd Lester to Boost EPP Practice

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FTI Consulting, Inc. (FCN - Free Report) recently announced the appointment of Todd Lester as Senior Managing Director of the firm’s Economic Consulting segment and its Energy, Power & Products (“EPP”) industry practice. Lester will be based in Austin, TX.

Lester has over 30 years of experience in providing investigative, forensic accounting and dispute analysis consulting services which include performing assessments of internal controls and other critical business processes. He has conducted investigations in a wide variety of domestic and international forums and has extensive experience in advising clients on multifaceted damages calculations, especially where complex databases and business systems are involved.

FTI Consulting underperformed the Zacks categorized Consulting Services industry with an average loss of 5.1% against a gain of 1.3% for the latter, over the last 30 days. In addition, over the same time frame, earnings estimates have declined 13% for the current quarter to 60 cents per share.

Earlier, Lester was part of Navigant Consulting, Inc. . His expertise in the business will enable FTI Consulting function more efficiently and grow.

Lester will assist law firms and companies involved in complex litigation, investigations, regulatory issues and other accounting and financial challenges. In addition, he will provide clients an insight that will help them address complex business challenges. This appointment is likely to help improve the company’s performance in the near future.

FTI Consulting’s EPP industry practice provides a wide range of advisory services to address strategic, financial, reputational, regulatory and legal requirements of energy and utility clients. Lester’s insights in the business will help the company offer better services to its clients.

Based in Baltimore, MD, FTI Consulting provides specialized consulting services across 29 foreign countries with more than 4,600 employees. The company has a team of highly qualified professionals who provide problem-solving and technology services, primarily to major corporations, financial institutions and law firms.

FTI Consulting currently has a Zacks Rank #3 (Hold). A couple better-ranked stocks in the same industry include CRA International Inc. (CRAI - Free Report) and CBIZ, Inc. (CBZ - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CRA International has a long-term earnings growth expectation of 8%. It has beaten estimates thrice in the trailing four quarters for an average positive earnings surprise of 16.02%.

CBIZ, Inc. is currently trading at a forward P/E of 17.2x. It has beaten estimates twice in the trailing four quarters for an average positive earnings surprise of 21.45%.

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