earnings
confidence high
sentiment neutral
materiality 0.75
FTI Consulting Q1 revenue down 3% to $898M; EPS $1.74 vs $2.23; repurchase authorization boosted by $400M
FTI CONSULTING, INC
2025-Q1 EPS reported
$1.74
revenue$898,282,000
- Revenue $898.3M, down 3.3% YoY; net income $61.8M vs $80.0M; EPS $1.74 ($2.29 adjusted) vs $2.23 prior.
- Special charge $25.3M from severance (~5% staff cut); combined Q4 2024 charge $33.5M; expects $85M annualized savings.
- Corporate Finance & Restructuring revenue fell 6.1% to $343.6M; Economic Consulting down 12.1% to $179.9M.
- Board authorized additional $400M share repurchase; total authorization $1.7B; $568.3M remaining as of Apr 22.
- Adjusted EBITDA margin improved to 12.8% from 12.0%; cash used in ops $465.2M due to bonus, buybacks, forgivable loans.