FTI Consulting’s Q2 revenue hit expectations at $993 million, but profits fell short—missing EPS estimates by 12% with just $1.99 per share. While the market reacted coolly, the company reaffirmed its $4 billion annual revenue target and slightly raised its adjusted EPS outlook by 1.5%. Management blamed one-time legal and admin costs, plus softer performance in the Middle East and U.K., while Spain and Germany shined. They’re also investing in senior talent, which adds cost now but should boost future growth. Looking ahead, they expect those pressures to ease in H2, fueled by lower expenses, new projects, and expanding teams in economic consulting and tech—all amid ongoing global uncertainty. Revenue’s steady, but profitability took a hit this quarter—though earnings could rebound later.
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