FTI Consulting Q1 EPS $2.23 Beats $1.87 Estimate, Sales $928.55M Beat $901.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
FTI Consulting (NYSE:FCN) reported Q1 earnings of $2.23 per share, surpassing the $1.87 estimate, marking a 66.42% increase from last year. Sales reached $928.55M, exceeding the $901.93M estimate, up 15.10% from the previous year.
April 25, 2024 | 11:32 am
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POSITIVE IMPACT
FTI Consulting reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $2.23 and sales at $928.55M.
The substantial beat on both earnings per share and sales estimates for FTI Consulting indicates strong financial performance and operational efficiency. This outperformance, especially with a significant year-over-year growth in earnings and sales, is likely to instill investor confidence and could lead to a positive short-term impact on the stock price. The exceedance of analyst expectations typically results in positive market reactions, hence the positive score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100