FTI Consulting Inc (NYSE:FCN) Reports Mixed Q2 2025 Results with EPS Beat and Revenue Decline

FTI Consulting Inc (NYSE:FCN) reported mixed second-quarter 2025 results, with revenues slightly declining year-over-year but surpassing analyst expectations. The company’s earnings per share (EPS) outperformed estimates, contributing to a positive pre-market reaction.

Key Financial Highlights

• Revenue: Q2 2025 revenues came in at $943.7 million, down 0.6% from $949.2 million in the prior-year quarter. Excluding foreign exchange impacts, revenues fell 1.8%. Despite the dip, this figure exceeded the consensus estimate of $921.3 million.
• Earnings Per Share (EPS): Reported EPS of $2.13 was 26.8% higher than the estimated $1.68, though it declined from $2.34 in Q2 2024.
• Net Income: Net income for the quarter was $71.7 million, down from $83.9 million in the prior-year period, primarily due to higher direct costs and foreign exchange losses.
• Adjusted EBITDA: Adjusted EBITDA stood at $111.6 million (11.8% margin), compared to $115.9 million (12.2% margin) a year ago.

Segment Performance

Revenue declines in Economic Consulting and Technology were partially offset by growth in:

• Corporate Finance & Restructuring
• Forensic and Litigation Consulting
• Strategic Communications

Market Reaction & Outlook

The stock saw a pre-market gain of ~3.2%, reflecting investor optimism around the earnings beat. The company’s full-year revenue guidance of $3.71 billion (midpoint) is 1.1% above analyst expectations, reinforcing confidence in its performance.

For Q3 2025, analysts expect revenues of $942.4 million and EPS of $2.03, setting a benchmark for the next earnings report.

Press Release Summary

The earnings report highlighted:

• A decline in revenues due to weaker segments but an overall beat versus estimates.
• Higher costs impacting net income, though SG&A expenses were lower.
• A stronger-than-expected full-year outlook.

For more detailed earnings estimates and historical performance, see FTI Consulting’s earnings page.

Disclaimer: This article is not investment advice. Investors should conduct their own research before making financial decisions.