secwatch.observer — SEC 8-K summary
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Issuer:     FTI CONSULTING, INC (FCN)
CIK:        0000887936
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001193125-24-244186
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTI Consulting Q3 revenue up 3.7% to $926M; EPS down 21% to $1.85; cuts FY2024 guidance
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- Revenue $926.0M (+3.7% YoY); net income $66.5M vs $83.3M; EPS $1.85 vs $2.34.
- Adjusted EBITDA $102.9M (11.1% margin) vs $118.7M (13.3%) in prior year.
- Economic Consulting revenue +14.5% to $222.0M; Corporate Finance & Restructuring -1.7% to $341.5M.
- FY2024 revenue guidance narrowed to $3.700-3.750B; EPS guidance cut to $7.90-8.35 from $8.10-8.60.
- No share repurchases in Q3; cash and equivalents $386.3M vs $201.1M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887936/000119312524244186/0001193125-24-244186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887936/000119312524244186/d860119d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-244186

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