FTI Consulting (FCN) Reports In-Line Q3 EPS; Trims Revenue Outlook
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FTI Consulting Reports Third Quarter 2016 Financial Results
October 27, 2016 7:45 AM EDTThird Quarter Revenues of $438.0 Million Third Quarter Fully Diluted EPS and Adjusted EPS of $0.52
WASHINGTON, Oct. 27, 2016 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) (the Company) today released its financial results for the third quarter ended September 30, 2016.
For the quarter, revenues decreased 3.8 percent to $438.0 million compared to $455.5 million in the prior year quarter. Excluding the estimated negative impact of foreign currency translation (FX), revenues declined by 2.0 percent. Net income increased 110.4 percent to $21.7 million compared to $10.3 million in the prior year quarter. Adjusted... More
