FTI Consulting (FCN) Tops Q2 EPS by 28c, Reaffirms 2020 Guidance

FTI Consulting (NYSE: FCN) reported Q2 EPS of $1.32, $0.28 better than the analyst estimate of $1.04. Revenue for the quarter came in at $607.9 million versus the consensus estimate of $563.92 million.

GUIDANCE:

FTI Consulting sees FY2020 EPS of $5.50-$6.00, versus the consensus of $5.45. FTI Consulting sees FY2020 revenue of $2.45-2.55 billion, versus the consensus of $2.41 billion.

• The Company is reaffirming its full year 2020 revenue guidance of between $2.450 billion and $2.550 billion. The Company is also reaffirming its full year 2020 EPS guidance of between $5.32 and $5.82 and full year 2020 Adjusted EPS guidance of between $5.50 and $6.00. The variance between EPS and Adjusted EPS guidance for full year 2020 includes an estimated non-cash interest expense of $0.18 per share related to the Company's 2023 Convertible Notes

For earnings history and earnings-related data on FTI Consulting (FCN) click here.

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