Fti Consulting Inc Stock Price, News & Analysis

FTI Consulting (NYSE: FCN) reported mixed financial results for Q4 and full year 2024. Full-year revenues reached a record $3.699 billion, up 6% from 2023, with growth across all segments. However, Q4 2024 revenues declined 3.2% to $894.9 million compared to the prior year quarter.

Full-year 2024 net income increased to $280.1 million from $274.9 million, with EPS of $7.81 compared to $7.71 in 2023. Q4 2024 showed significant decline with net income of $49.7 million versus $81.6 million in Q4 2023, and EPS of $1.38 versus $2.28.

The company announced a special charge of $8.2 million in Q4 2024 and expects an additional $17 million charge in Q1 2025, related to workforce reduction of approximately 4% of its 8,300 employees. For 2025, FCN projects revenues between $3.660-3.810 billion and Adjusted EPS of $7.80-8.60.

Econic Partners has launched as a premier economic consulting firm, specializing in antitrust litigation, mergers, commercial disputes, and economic matters. The firm is backed by Goldman Sachs Alternatives and families of competition economists Professors Robert Willig and Janusz Ordover.

The company brings together leading experts in competition economics, including recent DOJ Antitrust Division Chief Economist Professor Nathan Miller and several other distinguished economists. The firm will be operationally led by Catherine Barron, with Dennis Shaughnessy, former Chairman of FTI Consulting (NYSE: FCN), serving on the Board of Managers.

Econic will establish offices in Los Angeles, Boston, San Francisco Bay Area, Chicago, and Washington, D.C., positioning itself to handle complex economic issues across various industries including consumer goods, healthcare, technology, transportation, telecommunications, energy, sports, and media.

FTI Consulting (NYSE: FCN) has announced the appointment of Mark Shinderman as Senior Managing Director in its Corporate Finance & Restructuring segment. Based in Los Angeles, Shinderman brings over 35 years of restructuring experience to the firm. His expertise includes bankruptcy-related litigation, distressed asset transactions, and representing various stakeholders in insolvency situations.

Previously a Partner at Milbank LLP and Munger, Tolles & Olson LLP, Shinderman has worked across multiple industries including apparel, biopharma, consumer products, e-commerce, energy, healthcare, hospitality, media, real estate, retail, and technology. In his new role, he will focus on assisting clients with restructurings, insolvency situations, and bankruptcy litigation.

FTI Consulting (NYSE: FCN) has strengthened its Transactions practice with the appointment of two M&A experts as Senior Managing Directors. Emily Golenberg and Mitali Sharma join the Corporate Finance & Restructuring segment, bringing extensive experience in M&A advisory, complex transactions, and business transformation.

Golenberg, based in San Francisco, brings over 15 years of M&A lifecycle experience, particularly in healthcare, life sciences, industrials, and technology sectors. Previously, she was a Managing Director at a Big Four firm and VP of M&A Operations at Platinum Equity.

Sharma, based in Atlanta, has over two decades of experience in growth strategy and business transformation across manufacturing, high-tech, automotive, and consumer health industries. She previously led the product, services, and business model innovation offering globally at a Big Four firm.

FTI Consulting (NYSE: FCN) and Relativity released part one of The General Counsel Report 2025, revealing significant trends in corporate legal departments. The study, based on interviews with chief legal officers and a survey of over 200 general counsel, shows that 85% of general counsel expect increased corporate risk and legal department demands.

Key findings include: 51% consider disputes and investigations a top-five risk, with 41% ranking regulatory compliance as their primary concern. Data challenges are particularly pressing, with 88% of general counsel expressing concern about emerging data sources, and 65% feeling unprepared to handle related issues. Half reported increased costs in disputes and investigations, while data privacy remains a critical focus, consuming significant legal department time for 61% of respondents.

The report also highlights increased reliance on law firms, rising from 63% in 2024 to over 75% in 2025, as departments address widening risks.

FTI Consulting (NYSE: FCN) has appointed Timothée Fraisse as Senior Managing Director in their Corporate Finance & Restructuring segment in France. With over 20 years of experience, Fraisse will focus on advising clients in the healthcare and defense sectors on growth strategies, operational turnarounds, M&A, carve-outs, and restructuring initiatives.

Prior to joining FTI Consulting, Fraisse was a Partner at McKinsey & Company, where he led private equity initiatives in healthcare. His unique background includes experience as a surgeon and researcher across international hospitals and founding Mecapole, an aerospace subcontracting industrial group. He currently serves as a Reserve Medical Officer in the French Military Health Service.

The appointment strengthens FTI's presence in the French market and enhances their capabilities in business transformation, particularly in strategic sectors facing increasing pressure to adapt and evolve.

FTI Consulting (NYSE: FCN) has announced the establishment of a dedicated Healthcare & Human Services industry practice in Australia. The expansion includes the appointment of Nathan Schlesinger as Senior Managing Director and practice leader, along with Nicki Doyle as Senior Managing Director, plus six Managing Directors.

The new practice will focus on key industry agendas including system reform, sustainability, digitization, and productivity. Schlesinger brings 25 years of experience in health and aged care consulting, while Doyle contributes 16 years of expertise in aged care policy and reform.

The initiative addresses critical industry challenges including rising costs, workforce shortages, and technological advancements. FTI Consulting positions itself as the only independent and fully dedicated health and human services advisory team with national scale and global capabilities in Australia.

FTI Consulting (NYSE: FCN) has strengthened its Corporate Finance & Restructuring segment in Germany with two senior appointments and three internal promotions. Christoph Söhngen and Sebastian Rudow have joined as Senior Managing Directors in Frankfurt. Söhngen brings 16 years of business transformation experience, particularly in financial services, while Rudow contributes extensive finance and restructuring expertise from leadership roles in mid-sized European businesses.

The firm also announced the promotion of Julian Drellmann, Peter Lammers, and Dr. Martin Schneider to Senior Managing Director positions. These strategic moves aim to enhance FTI Consulting's capabilities in the Germany, Switzerland, and Austria (DACH) region, particularly in areas of business transformation, operational efficiency, and financial turnaround services.

FTI Consulting (NYSE: FCN) released its 2025 Leveraged Loan Market Survey, revealing lenders' optimistic outlook for the lending environment. The survey indicates 27% of respondents expect market conditions to loosen, while 21% anticipate tightening, and 52% predict stability in credit availability and spreads.

Key findings show that Retail & Consumer Products is expected to face the most distress in 2025, followed by Real Estate/REITs and Healthcare. 50% of respondents predict increased default/workout activity compared to 2024. Competition with private credit is intensifying, with 55% of traditional lenders competing at least sometimes with private credit providers.

The survey, conducted between November-December 2024 with approximately 260 respondents, shows reduced concerns about inflation and interest rates impact (9% vs. 31% last year). Only 15% see material recession risks in the next 12 months, down from 42% in the previous year, though 53% consider declaring a soft landing premature.