Post-earnings recap
Reported
Thu, Apr 30, 2026
EPS actual
$1.90
EPS est.
$2.11
EPS surprise
-9.95%
1-day move
-0.02%
FTI Consulting's earnings report shows a notable miss on EPS, which may raise concerns among investors about the company's performance. The stock's minimal reaction, down just 0.02%, suggests that the market may have already priced in some of these expectations. Without additional context from management, it's difficult to gauge the long-term implications of this quarter's results.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.90 | $2.07 | -9.95% |
| Revenue | N/A | $971M | N/A |
No transcript is on record, and the analysis is based solely on numerical results.
FTI Consulting, Inc. (FCN) is a global consulting firm that provides services in areas like financial advisory, forensic and litigation consulting, and strategic communications. As part of the industrials sector, it plays a crucial role in helping businesses navigate complex challenges and improve their operations, especially in times of economic uncertainty.
Last quarter
In Q4-2025, FTI Consulting reported an EPS of $1.78, significantly beating expectations by 28.52%. The stock reacted positively, gaining 5.08% the following day.
EPS beat streak
1Q
EPS beat rate
63%
Avg EPS surprise
+10.36%
Avg 1-day reaction
-3.37%
Analysts expect FTI Consulting to report strong earnings this quarter, with a consensus EPS of $2.07. The company has a solid track record of beating earnings expectations, which could lead to positive market reactions.
Bull case
If FTI Consulting exceeds the EPS estimate, it could reinforce investor confidence and lead to a significant stock price increase, especially given its history of strong performance.
Bear case
Conversely, if the company fails to meet expectations, it could trigger a sharp decline in stock price, as seen in previous quarters when earnings missed.
Key metrics to watch
EPS
$2.07Earnings per share is a key indicator of the company's profitability and financial health.
Revenue
$971MTotal revenue reflects the company's ability to generate sales and is critical for assessing growth.
The print will turn on these.
Q1
Will FTI Consulting's EPS exceed the consensus estimate of $2.07?
A beat on EPS could signal strong operational performance and boost investor confidence.
Q2
What guidance will management provide regarding future revenue growth?
Investors will be looking for insights on growth prospects, especially in light of recent economic trends.
—
Est. EPS
$0.76
Est. Rev
$17.1B
Impl. Move
±2.9%
Why consensus could be wrong
The consensus may underestimate FTI Consulting's ability to capitalize on increased demand for consulting services in a volatile economic environment.
Supporting evidence
FTI has consistently beaten EPS estimates, indicating a strong operational performance that may not be fully reflected in current expectations.
The options market is pricing a larger move than historical averages, suggesting that traders anticipate significant developments.
The company's recent performance trends indicate resilience, which could lead to better-than-expected results.
Key risk
If revenue growth exceeds $1 billion, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
The market is debating whether FTI Consulting can maintain its growth trajectory amid economic fluctuations.
Bull confirmed if
An EPS of $2.15 or higher would confirm strong demand and operational efficiency.
Bear confirmed if
An EPS below $1.90 would suggest potential weaknesses in the business model.
What the market is pricing for the move.
Implied Move
±9.83%
Historical Avg
±5.5%
The options market is pricing in a significant move, indicating that traders expect volatility around the earnings announcement.
Options are pricing ±9.8% while FCN has averaged ±5.5% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
22.5%
Smart-money positioning from the most recent 13F filings.
Institutional
113.18%
of float
Insider
2.16%
of float
Holders
506
institutions
Top Holders· as of Jun 2026
Kayne Anderson Rudnick Investment Management LLC
3,001,740 sh · $413.4M
10.87%
-7.8%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If FTI beats expectations, history suggests the stock could rise by around 0.33% on the following day, confirming a positive outlook.
In line / cautious
If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future guidance.
Miss
Should the company miss expectations, history indicates a potential decline of about 13.27%, which could raise concerns about its growth prospects.
The lines on the call that would change the story.
Blackrock Inc.
2,739,429 sh · $377.3M
9.92%
-0.6%
Price (T.Rowe) Associates Inc
1,976,549 sh · $272.2M
7.16%
68.3%
Victory Capital Management Inc.
1,473,854 sh · $203.0M
5.34%
-8.0%
Vanguard Capital Management LLC
1,356,818 sh · $186.9M
4.91%
-0.5%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.