FCN Earnings Prediction
The chart below shows how FCN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FCN sees a +2.84% change in stock price 10 days leading up to the earnings, and a +0.86% change 10 days following the report. On the earnings day itself, the stock moves by -1.53%. This data can give you a slight idea of what to expect for the next quarter's release.
FCN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
926.02M
3.67%
-2.44%
Gross Margin
32.06%
-2.29%
-1.96%
Operating Margin
9.82%
-18.03%
-10.48%
Net Margin
7.18%
-23.04%
-18.78%
EPS
1.85
-20.94%
-20.94%
No Data Available
FCN Earnings Analysis
FTI Consulting, Inc. Corporation (FCN.N) Earnings Conference Call
Positive
Revenue Increase Analysis: 1. Strong Revenue Growth: Revenues of $996 million increased by $32.8 million compared to $893.3 million in the prior year quarter, reflecting a year-over-year growth of 3.7%.
Billable Headcount Increase: 2. Increased Billable Headcount: Billable headcount increased by 181 professionals or 2.8% year-over-year, with a sequential increase of 325 professionals or 5.1%, including 322 new joiners from university campuses, marking the largest class ever.
Economic Consulting Revenue Surge: 3. Robust Economic Consulting Performance: The Economic Consulting segment reported revenues of $222 million, a 14.5% increase compared to the prior year quarter, driven by higher demand for M&A-related antitrust services.
Cash Flow Improvement: 4. Strong Cash Flow Generation: Net cash provided by operating activities was $219.4 million for the quarter, significantly up from $106.7 million in the prior year quarter, primarily due to increased cash collections.
Strong Free Cash Flow: 5. Healthy Free Cash Flow: The company generated free cash flow of $212.3 million in the quarter, demonstrating strong financial health and operational efficiency.
Negative
Declining Revenue Performance: 1. Weak Revenue Growth: Year-on-year revenue growth was only 3.7%, significantly lower than historical averages and expectations, with a decline in revenue compared to the previous quarter.
Earnings Per Share Decline: 2. Decline in Earnings Per Share: Earnings per share decreased by $0.49 or 20.9% year-over-year, falling from $2.34 to $1.85.
Rising SG&A Costs: 3. Increased SG&A Expenses: Selling, general and administrative expenses rose by 10.7%, leading to a 13.3% decline in adjusted EBITDA, which fell from 13.3% of revenues to 11.1%.
Segment Revenue Declines: 4. Segment Revenue Declines: Revenues in Corporate Finance and Restructuring and Strategic Communications segments declined year-over-year, with Corporate Finance revenues decreasing by 1.7%.
Increased Tax Burden: 5. Higher Effective Tax Rate: The effective tax rate increased to 25.1% from 22.6% in the prior year, negatively impacting net income and overall earnings.
FCN FAQs
How does FCN typically perform around its earnings report dates?
Is FTI Consulting, Inc. (FCN) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
FCN Earning Call Sentiment
FTI Consulting, Inc. (FCN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FCN.N
0.61%Positive
The earnings call presented mixed signals: strong revenue guidance and raised EPS guidance are positive, but weaker-than-expected revenue growth, declining EPS, and higher SG&A expenses weigh negatively. The Q&A section revealed management's reluctance to provide specific guidance, adding uncertainty. Although there are investments in AI and talent, and a strong cash flow, the market challenges and increased effective tax rate create concerns. With no market cap data, a neutral prediction is prudent given the mixed financial performance and management's cautious outlook.