These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FCN’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that FTI Consulting could be a solid choice for investors.
Current Quarter Estimates for FCN
In the past 30 days, 4 estimates have gone higher for FTI Consulting while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 38 cents a share 30 days ago, to 51 cents today, a move of 34.2%.
Current Year Estimates for FCN
Meanwhile, FTI Consulting’s current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to none moving lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.49 per share 30 days ago to $1.65 per share today, an increase of 10.7%.
The stock has also started to move higher lately, adding 23.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
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FTI CONSULTING INC (FCN): Free Stock Analysis Report
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