Information Provided By:
Fly News Breaks for January 6, 2017
FCN
Jan 6, 2017 | 06:54 EDT
As previously reported, SunTrust downgraded FTI Consulting to Hold and lowered its price target to $46 from $50. Analyst Tobey Sommer expects increased headwinds from a slowdown in the Corporate Finance/Restructuring segment and an expected easier regulatory environment to impact FTI's various segments and for margins to decline 80 bps in 2017 versus expectations for a 30bps increase previously.
News For FCN From the Last 2 Days
FCN
Apr 25, 2024 | 07:33 EDT
Reports Q1 revenue $928.6M, consensus $901.93M. Steven H. Gunby, President and Chief Executive Officer of FTI Consulting, commented, "Our sustained double-digit organic revenue growth this quarter reflects strong underlying business performance, which, in turn, reflects continued progress on our twin overriding goals: continuing to help clients with their most fundamental opportunities and challenges, and continuing to attract and develop terrific professionals."