FTI CONSULTING, INC — Form 8-K
Filed October 30, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 42/100
What the filing says
FTI reported record Q3 2026 revenues of $1.013 billion (up 5.9% YoY), with adjusted EPS of $3.84 (up 48% YoY). The company took a $46 million special charge in Q3 plus an expected $7 million in Q4 (combined $53 million, ~$1.55/share impact) for workforce reductions across geographies and non-core investments. Management attributes the strong quarter to recovery in Compass Lexecon (Economic Consulting segment), which had dragged results for 18 months, plus record success fees in Corporate Finance. FTI raised adjusted EPS guidance to $9.50–$10.00 (from $9.10–$9.70) and expects $80 million in annualized cost savings from headcount actions.
Why this rating
Record revenue and adjusted EPS growth offset by near-term restructuring charges. Compass Lexecon recovery is material but management expects only modest near-term improvement. At $4.6B market cap, $53M restructuring is ~1.2% of market value—moderate relative to size. Stock likely benefits from growth narrative, but Q4 guidance implies seasonal weakness.
See more from October 30, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.