FTI Consulting: Q2 Earnings Snapshot

Associated Press Finance
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WASHINGTON (AP) — WASHINGTON (AP) — FTI Consulting Inc. (FCN) on Thursday reported second-quarter profit of $62.4 million.

The Washington-based company said it had profit of $1.75 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.

The business advisory firm posted revenue of $864.6 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $821.9 million.

FTI Consulting expects full-year earnings to be $6.50 to $7.20 per share, with revenue in the range of $3.33 billion to $3.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCN at https://www.zacks.com/ap/FCN

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