earnings
confidence high
sentiment positive
materiality 0.75
FTI Consulting Q3 revenue $893.3M (+15% YoY), EPS $2.34, raises FY2023 guidance
FTI CONSULTING, INC
2023-Q3 EPS reported
$5.43
revenue$2,564,558,000
- Revenue $893.3M (+15% YoY), net income $83.3M, EPS $2.34 (+9%), all records.
- Adjusted EBITDA $118.7M (13.3% margin) vs $99.0M (12.8%) a year ago.
- Corporate Finance & Restructuring rev $347.6M (+23%); all segments grew except Economic (+0.4%).
- FY2023 guidance raised: revenue $3.35B-$3.40B (prev $3.33B low), EPS $6.70-$7.20 (prev $6.50 low).
- Net debt $59.4M; no share repurchases in quarter; health solutions practice reclassified July 1.