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FTI Consulting Q2 Adjusted EPS Drops, Revenue Rises; Reaffirms 2022 Guidance

MT Newswires ·  {{timeTz}}

09:34 AM EDT, 07/28/2022 (MT Newswires) -- FTI Consulting (FCN) reported Thursday Q2 adjusted earnings of $1.43 per share, compared with $1.74 a year earlier.

Two analysts polled by Capital IQ expected $1.67.

Revenue for the quarter was $755 million, compared with $711.5 million a year earlier.

Two analysts surveyed by Capital IQ expected $738 million.

The company reaffirmed its 2022 revenue guidance of $2.92 billion to $3.05 billion and 2022 EPS guidance of $6.40 to $7.20. FTI said it doesn't expect adjusted EPS to differ from EPS.

Shares fell 1.5% in early trading on Thursday.

Price: 178.39, Change: -3.64, Percent Change: -2

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