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SINGAPORE - FTI Consulting, Inc. (NYSE: NYSE:FCN), a global expert services firm with a market capitalization of $5.8 billion, has strengthened its Forensic and Litigation Consulting segment with the appointment of three senior managing directors. Michael Cullen, Rosie Hawes, and Andrew Macintosh bring over six decades of collective experience to the company’s operations in Asia and Latin America. According to InvestingPro data, the company maintains strong financial health with robust liquidity metrics and cash flows that adequately cover interest payments.
Michael Cullen, previously leading the Latin America segment from Bogotá, Colombia, has over 25 years of experience in handling complex cross-border disputes, investigations, and crisis management. His extensive work across multiple continents positions him well to lead the Asia and Latin America division.
Rosie Hawes, based in Singapore, has a 20-year track record in business intelligence, investigations, and reputational risk advisory. Her expertise in strategic intelligence and due diligence strengthens the firm’s ability to assist clients in high-risk markets.
Andrew Macintosh, also Singapore-based, brings two decades of experience in intelligence, investigations, crisis management, and risk advisory. His leadership in investigations and development of crisis management strategies is recognized across the Asia Pacific region.
Roy Huang, Head of Asia & Caribbean at FTI Consulting, expressed confidence that the new appointments would enhance the firm’s ability to offer innovative solutions and trusted guidance during critical moments for their clients. William Perlstein, Global Leader of the Forensic and Litigation Consulting segment, emphasized that the collective expertise of the new directors would be instrumental in guiding clients through crises and opportunities in the complex business environment of Asia.
This move by FTI Consulting reaffirms its position as a trusted advisor in the forensic and litigation consulting market, aiming to help organizations effectively manage risks, investigations, and disputes. The company, which employs over 8,300 people in 34 countries and territories, reported revenues of $3.69 billion for the fiscal year 2024, achieving a 6% year-over-year growth. InvestingPro analysis indicates the company maintains healthy profit margins with a gross profit margin of 32% and shows strong operational efficiency with a return on equity of 13%. For deeper insights into FCN’s financial health and growth prospects, investors can access comprehensive Pro Research Reports available exclusively on InvestingPro, covering over 1,400 US stocks including FCN.
The information for this article is based on a press release statement from FTI Consulting, Inc.
In other recent news, FTI Consulting reported its fourth-quarter and full-year 2024 financial results, revealing a shortfall in earnings and revenue compared to analyst expectations. The company posted an earnings per share (EPS) of $1.56, falling short of the expected $1.73, with quarterly revenue reaching $894.9 million, below the anticipated $932.18 million. For the full year, revenue increased by 6% to $3.699 billion, despite a challenging fourth quarter. Looking ahead, FTI Consulting provided guidance for 2025, projecting full-year EPS between $7.80 and $8.60, and revenue between $3.66 billion and $3.81 billion, both below consensus estimates.
Meanwhile, Truist Securities revised its price target for FTI Consulting to $225 from $275, maintaining a Buy rating despite the company’s weaker-than-expected results and a less optimistic outlook for 2025. The firm highlighted challenges in the Economic Consulting segment, including talent turnover, as factors impacting performance. FTI Consulting also announced a special charge of approximately $17 million in the first quarter of 2025 related to staffing adjustments, aiming for cost savings of around $70 million for the year. Despite these challenges, Truist expressed confidence in the company’s ability to recover, citing FTI Consulting’s history of overcoming similar setbacks. These developments reflect ongoing challenges and investor concerns about FTI Consulting’s growth prospects.
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