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FTI Consulting Reports Record Q3 2025 Results

FTI Consulting, Inc. has reported record financial results for the third quarter of 2025. The company's revenues reached $956.2 million, marking a 3% increase compared to $926.0 million from the prior year quarter. The earnings per diluted share (EPS) also saw a significant rise, reaching $2.60, a 41% increase from the prior year.

The company's net income for the third quarter of 2025 was $82.8 million, compared to $66.5 million in the prior year quarter. This increase in net income was driven by higher revenues, lower selling, general and administrative expenses, and a gain from foreign exchange remeasurement.

FTI Consulting's adjusted EBITDA for the third quarter of 2025 was $130.6 million, representing 13.7% of revenues, as opposed to $102.9 million, or 11.1% of revenues, in the prior year quarter.

In terms of cash and capital allocation, the company reported a net cash provided by operating activities of $201.9 million for the quarter, compared to $219.4 million for the same period in the prior year. The company also repurchased 1,425,644 shares of its common stock at an average price per share of $164.18 for a total cost of $234.1 million during the quarter.

The company's segment results showed varying performances. The Corporate Finance & Restructuring segment saw a significant increase in revenues by 18.6%, reaching $404.9 million, while the Forensic and Litigation Consulting segment also experienced a substantial revenue increase of 15.4%, reaching $194.7 million. However, the Economic Consulting and Technology segments reported decreases in revenues by 22.0% and 14.8% respectively.

FTI Consulting updated its full-year 2025 guidance, now estimating revenues to range between $3.685 billion and $3.735 billion, EPS to range between $7.62 and $8.12, and adjusted EPS to range between $8.20 and $8.70. This is a revision from the previous estimates of revenues ranging between $3.660 billion and $3.760 billion, EPS ranging between $7.24 and $7.84, and adjusted EPS ranging between $7.80 and $8.40.

Following these announcements, the company's shares moved -1.34%, and are now trading at a price of $153.70. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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