Fti Consulting Inc Stock Price, News & Analysis

FTI Consulting has received three honors at the 17th annual Stevie Awards for Women in Business, highlighting its commitment to diversity and leadership development. Sophie Ross, CEO of the Technology segment, won two Silver Stevie Awards for Woman of the Year and Female Executive of the Year. The FTI WIN program, aimed at empowering women, garnered a Bronze award for its achievements since its inception in 2013, promoting over 1,830 women, including 56 Senior Managing Directors. These awards reflect FTI's dedication to enhancing diversity and inclusion within the consulting industry.

FTI Consulting revised its 2020 U.S. online retail sales forecast to $748 billion, up from $598 billion in 2019, marking a 25% increase and the strongest growth since 2006. This surge is attributed to changes in consumer behavior due to COVID-19, with significant growth in online grocery and home-related purchases. The forecast predicts online retail sales will hit $1 trillion by 2023 and suggests a market share increase to 27% by 2025. However, annual growth rates are expected to decelerate to low double digits in the coming years.

FTI Consulting (NYSE: FCN) will announce its third-quarter financial results for the period ending September 30, 2020, before the New York market opens on October 29, 2020. A conference call to discuss these results is scheduled for the same day at 9:00 a.m. Eastern Time, featuring senior management. Access to the call will be available online, with a replay expected for 90 days.

The firm generated $2.35 billion in revenues in 2019, with a global workforce of over 5,800 employees across 27 countries.

FTI Consulting (NYSE: FCN) has announced that four of its professionals were recognized in Crain’s third annual list of Notable Women in Accounting and Consulting.

The professionals recognized include Naidira Alemova, Sheba Bellazain-Harris, Roxana Fariborz, and Yunsoo Kim, who collectively contribute over 85 years of experience in various fields of consulting.

FTI Consulting (NYSE: FCN) announced that it and its subsidiary, Compass Lexecon, achieved recognition in the Who’s Who Legal: Consulting Experts guide for the fifth consecutive year. A total of 154 professionals from FTI Consulting were named, showcasing expertise in corporate finance, forensic consulting, and economic analysis across 18 countries. This achievement highlights the firm’s global reach and specialized skills in economic, forensic, and litigation services, enhancing its reputation in the consulting sector.

FTI Consulting (FCN) announced that it and its subsidiary Compass Lexecon achieved significant recognition with 154 professionals named in the Who’s Who Legal: Consulting Experts guide for 2020. This marks the fifth consecutive year of being industry leaders in economic, forensic, litigation, and transactional services. The recognized experts span 18 countries, showcasing FTI's global expertise across multiple segments including Corporate Finance, Forensic Consulting, and Economic Consulting.

FTI Consulting (FCN) announced the appointment of Todd Mello as Senior Managing Director and leader of its Valuation Services group within the Health Solutions practice. Mello, with 30 years of experience in valuation and transactions, has worked extensively with healthcare systems, pharmaceutical, and medical device companies. His expertise includes appraisals of business enterprises and fair market value determinations. The firm aims to enhance its capabilities amidst a growing demand for healthcare valuation services due to increased business combinations in the sector.

Compass Lexecon has expanded its operations by opening a new office in Copenhagen, Denmark, appointing Thomas Rønde as an Academic Affiliate. Rønde, a former Chief Economist at the Danish Competition and Consumer Authority, brings significant expertise in competition policy and regulation. The new office will support Compass Lexecon's growing Nordic team, enhancing its capabilities to provide economic analysis and advice in competition, litigation, and arbitration cases. The firm has previously achieved notable successes before the Nordic competition authorities and the European Commission.

FTI Consulting (NYSE: FCN) announced the launch of its Real Estate Business Transformation practice, aimed at assisting organizations in navigating the rapidly evolving real estate landscape. Senior Managing Director Josh Herrenkohl will lead this initiative, which integrates various services like Technology and Operating Services, Analytics, and Corporate Real Estate Strategy. The new offering aims to help clients adapt to disruptions in the real estate market while maximizing value from their investments. Herrenkohl has extensive experience in the field and previously led global real estate consulting at EY.