FTI Consulting (FCN) Misses Q2 EPS by 12c

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FTI Consulting Reports Second Quarter 2017 Financial Results

July 27, 2017 7:31 AM EDT

 Second Quarter Revenues of $444.7 Million

 Second Quarter Fully Diluted Loss Per Share of ($0.13); Adjusted EPS of $0.40

WASHINGTON, July 27, 2017 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released its financial results for the quarter ended June 30, 2017.

For the quarter, revenues of $444.7 million declined $15.4 million, or 3.4%, compared to revenues of $460.1 million in the prior year quarter. Excluding the estimated negative impact of foreign currency translation (FX), revenues decreased $7.4 million, or 1.6%, compared to the prior year quarter. The decrease in revenues was primarily driven by lower demand for services within the... More