Revenue Update on FTI Consulting(NYSE:FCN)

FTI Consulting(NYSE:FCN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $460.15M. Analysts estimated a revenue of $460.35M. Earnings per share were $0.66. Analysts had estimated an EPS of $0.60.

FTI Consulting (FCN) shares turned negative on Thursdays trading session with the shares closing down -0.3 points or -0.70% at a volume of 1,38,705. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $42.69. The peak price level was also seen at $42.69 while the days lowest was $42.27. Finally the shares closed at $42.28. The 52-week high of the shares is $45.98 while the 52-week low is $29.91. According to the latest information available, the market cap of the company is $1,783 M.

Several Insider Transactions has been reported to the SEC. On Jun 9, 2016, Gerard E Holthaus (director) sold 8,403 shares at $43.01 per share price.Also, On Nov 6, 2015, David M /ct Johnson (CFO) purchased 15,000 shares at $36.14 per share price.On May 8, 2015, Heather Klink (Acting General Counsel) sold 1,381 shares at $39.17 per share price, according to the Form-4 filing with the securities and exchange commission.

FTI Consulting Inc. (FTI Consulting) is a global business advisory firm. The Company operates through five segments: Corporate Finance/Restructuring Forensic and Litigation Consulting Economic Consulting Technology and Strategic Communications. The Company assists clients addressing a range of business challenges such as restructuring (including bankruptcy) financing and credit issues and indebtedness interim business management forensic accounting and litigation matters international arbitrations merger and acquisitions (M&A) antitrust and competition matters securities litigation electronic discovery (e-discovery) management and retrieval of electronically stored information (ESI) reputation management and strategic communications. The Company also provides services to help its clients take advantage of economic regulatory financial and other business opportunities.

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