FTI Consulting (FCN) Misses Q1 EPS by 29c, Lowers Outlook

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Go back to FTI Consulting (FCN) Misses Q1 EPS by 29c, Lowers Outlook

FTI Consulting Reports First Quarter 2017 Financial Results

April 27, 2017 7:30 AM EDT

 First Quarter Revenues of $446.3 Million

 First Quarter GAAP and Adjusted EPS of $0.34

 Company Revises 2017 Guidance

WASHINGTON, April 27, 2017 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released its financial results for the quarter ended March 31, 2017.

For the quarter, revenues of $446.3 million declined $23.9 million, or 5.1%, compared to revenues of $470.3 million in the prior year quarter. Excluding the estimated negative impact of foreign currency translation (FX), revenues decreased $16.1 million, or 3.4%, compared to the prior year quarter. The decrease in revenues was primarily driven by lower demand... More