FTI Consulting Lifts Q2 Guidance; Announces FY14 Outlook - Quick Facts

(RTTNews) - FTI Consulting, Inc. (FCN) Monday announced an increase in its second quarter guidance and revealed its expectations for the full year 2014.

The company raised its second-quarter adjusted earnings per share to $0.49 and $0.55 from the previous range of $0.32 to $0.42. Revenue targets were also lifted to $445.0 million and $450.0 million from the previously announced target of $430 Million to $445 Million. Analysts estimate earnings per share of $0.37, on revenues of $430.44 million.

For the full year 2014, the firm expects adjusted earnings per share to range between $1.55 and $1.70., on revenues of $1.73 billion and $1.77 billion. Analysts estimate earnings per share of $1.54, on revenues of $1.72 billion.

In addition, the company also announced its objective to achieve adjusted earnings per share between $1.75 and $2.10 for 2015, and of not less than $2.50 for 2016.