FTI Consulting Slashes FY26 EPS View to $8.70-$9.30
FCN sits 18% above its 52-week low of $137.65.
Summary
FTI Consulting cut its full-year 2026 EPS guidance to a range of $8.70 to $9.30, down from a prior outlook of $9.10 to $9.70, while reaffirming its FY26 revenue forecast of $3.94 billion to $4.1 billion. The downward revision signals deteriorating profitability and follows a period of insider buying and a $370 million buyback authorization in June. The company's Q2 profit missed expectations due to higher direct costs, adding to concerns about the headwinds. With a market cap around $5.1 billion, the magnitude of the guidance reduction is substantial and likely to trigger repositioning. The next earnings report will be critical to assess whether the headwinds are temporary or structural.
At the time of this announcement, FCN was trading at $163.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $137.65 to $189.30. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.