Recent Updates — FCN

FTI Consulting reported third-quarter revenues of $1.013 billion, a 6% increase from the prior year, driven by growth across all five business segments. GAAP earnings per share were $2.35, down 10% year-over-year due to a $46 million special charge for workforce and real estate reductions and extraordinary litigation expenses. Adjusted EPS reached a record $3.84, up 48%, as adjusted EBITDA grew 18% to $153.7 million. The company initiated a plan to align staffing with demand, affecting approximately 4% of its more than 8,200 employees, with total expected special charges for the year reaching approximately $53 million. FTI Consulting reaffirmed full-year revenue guidance between $3.94 billion and $4.10 billion but lowered GAAP EPS guidance to $7.55-$8.05 from a previous range of $8.70-$9.30, while raising adjusted EPS guidance to $9.50-$10.00. The company operates as a global expert firm providing crisis management and transformation advisory services.

FTI Consulting reported second quarter 2026 results on July 30, 2026, achieving record revenues of $993.5 million, a 5.3% increase from the prior year period. Net income declined to $57.8 million from $71.7 million due to higher direct costs, SG&A expenses, and interest expense, partially offset by increased revenues. Adjusted EBITDA was $104.5 million (10.5% margin), excluding $6.6 million in extraordinary litigation-related expenses related to the FTI vs. Orszag case. The company repurchased 2.6 million shares for $390.9 million and updated its full-year EPS guidance range downward to $8.70–$9.30, while reaffirming revenue guidance of $3.94–$4.10 billion. FTI Consulting operates as a global professional services firm providing crisis management, restructuring, financial advisory, and regulatory consulting.

FTI Consulting, Inc. entered into a Third Amendment and Restatement Agreement on June 30, 2026, which increases the maximum aggregate borrowing amount of its unsecured revolving facility to $1.5 billion and extends its maturity date to June 30, 2031. The agreement also allows for the incurrence of incremental facilities in an aggregate amount of up ability to the greater of $500.0 million and 100% of consolidated EBITDA, plus an unlimited amount if the Consolidated Total Net Leverage Ratio remains below 4.00 to 1.00. FTI Consulting, Inc. operates in the professional services industry providing business and economic consulting services.

FTI Consulting, Inc. announced the results of its 2026 Annual Meeting of Shareholders regarding director elections, auditor ratification, and executive compensation. The Board also authorized an additional $370.0 million for its stock repurchase program, bringing the total aggregate authorization to $2.6 billion. Following approximately $2.1 billion in previous repurchases, the company has roughly $507.4 million remaining available under the program.