FTI Consulting (FCN) Up 9.4% Since Earnings Report: Can It Continue?

FCN

It has been about a month since the last earnings report for FTI Consulting, Inc. (FCN - Free Report) . Shares have added about 9.4% in that time frame.

Will the recent positive trend continue leading up to its next earnings release, or is FCN due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

FTI Consulting Q1 Earnings Top Estimates, View Intact

 

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a downward trend in fresh estimates. There have been two revisions lower for the current quarter.

VGM Scores

At this time, FCN has a subpar Growth Score of D, a grade with the same score on the momentum front. The stock was also allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Our style scores indicate investors will probably be better served looking elsewhere.

Outlook

Estimates have been broadly trending downward for the stock and the magnitude of these revisions indicates a downward shift. Notably, FCN has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.

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