FTI Consulting Revises FY24 Revenue Forecast From $3.65B-$3.79B To $3.70B - $3.79B (Est $3.77B); EPS Forecast From $7.75 - $8.50 To $8.10 - $8.60 (Est $8.45)
Portfolio Pulse from Benzinga Newsdesk
FTI Consulting has revised its FY24 revenue forecast from $3.65B-$3.79B to $3.70B-$3.79B, and its EPS forecast from $7.75-$8.50 to $8.10-$8.60. The estimates were $3.77B for revenue and $8.45 for EPS.
July 25, 2024 | 11:37 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
FTI Consulting has revised its FY24 revenue forecast upwards to $3.70B-$3.79B and its EPS forecast to $8.10-$8.60, which is above the previous lower range and close to the estimates.
The upward revision in both revenue and EPS forecasts indicates a positive outlook for FTI Consulting. The new forecasts are closer to or exceed market estimates, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100