We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to FTI Consulting (FCN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, FTI Consulting (FCN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.06 per share, reflecting a decline of 12% compared to the same period last year. Revenues are forecasted to be $940.14 million, representing a year-over-year increase of 5.3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific FTI Consulting metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenues- Technology' reaching $114.10 million. The estimate indicates a year-over-year change of +15.4%.
According to the collective judgment of analysts, 'Revenues- Strategic Communications' should come in at $85.90 million. The estimate indicates a year-over-year change of -1.1%.
Analysts forecast 'Revenues- Corporate Finance & Restructuring' to reach $340.30 million. The estimate indicates a change of -2.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenues- Economic Consulting' should arrive at $220.22 million. The estimate indicates a change of +13.6% from the prior-year quarter.
The consensus estimate for 'Revenues- Forensic and Litigation Consulting' stands at $179.44 million. The estimate indicates a year-over-year change of +8%.
Analysts predict that the 'Revenue-Generating Headcount' will reach 6,620. Compared to the current estimate, the company reported 6,478 in the same quarter of the previous year.
Shares of FTI Consulting have demonstrated returns of +0.6% over the past month compared to the Zacks S&P 500 composite's +4.5% change. With a Zacks Rank #3 (Hold), FCN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to FTI Consulting (FCN) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
In its upcoming report, FTI Consulting (FCN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.06 per share, reflecting a decline of 12% compared to the same period last year. Revenues are forecasted to be $940.14 million, representing a year-over-year increase of 5.3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific FTI Consulting metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenues- Technology' reaching $114.10 million. The estimate indicates a year-over-year change of +15.4%.
According to the collective judgment of analysts, 'Revenues- Strategic Communications' should come in at $85.90 million. The estimate indicates a year-over-year change of -1.1%.
Analysts forecast 'Revenues- Corporate Finance & Restructuring' to reach $340.30 million. The estimate indicates a change of -2.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenues- Economic Consulting' should arrive at $220.22 million. The estimate indicates a change of +13.6% from the prior-year quarter.
The consensus estimate for 'Revenues- Forensic and Litigation Consulting' stands at $179.44 million. The estimate indicates a year-over-year change of +8%.
Analysts predict that the 'Revenue-Generating Headcount' will reach 6,620. Compared to the current estimate, the company reported 6,478 in the same quarter of the previous year.
View all Key Company Metrics for FTI Consulting here>>>
Shares of FTI Consulting have demonstrated returns of +0.6% over the past month compared to the Zacks S&P 500 composite's +4.5% change. With a Zacks Rank #3 (Hold), FCN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>