FTI Consulting Q4 revenue down 3% to $894.9M, EPS $1.38; cuts 4% of staff; guides FY2025 revenue $3.66B-$3.81B

FTI CONSULTING, INC

2024-FY EPS reported $7.81 revenue$3,698,652,000

Q4 2024 revenue $894.9M (-3.2% YoY); EPS $1.38 vs $2.28; Adj. EPS $1.56 vs $2.28.
FY2024 record revenue $3.699B (+6% YoY); EPS $7.81 vs $7.71; Adj. EPS $7.99 vs $7.71.
Workforce reduction: terminating ~4% of >8,300 employees; total charge ~$25M; expects $70M cost savings in FY2025.
FY2025 guidance: revenue $3.66B-$3.81B; EPS $7.44-$8.24; Adj. EPS $7.80-$8.60.
Segment: Corp Fin & Restructuring rev -8.2%, Technology -10.2%, Econ flat, FLC +6.3%, Strat Comms flat.

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