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WASHINGTON (AP) — WASHINGTON (AP) — FTI Consulting Inc. (FCN) on Thursday reported fourth-quarter net income of $47.5 million.
On a per-share basis, the Washington-based company said it had profit of $1.33. Earnings, adjusted for non-recurring costs, were $1.52 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The business advisory firm posted revenue of $774.4 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $737.7 million.
For the year, the company reported profit of $235.5 million, or $6.58 per share. Revenue was reported as $3.03 billion.
FTI Consulting expects full-year earnings to be $6.80 to $7.70 per share, with revenue in the range of $3.33 billion to $3.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FCN">Zacks stock report on FCN at https://www.zacks.com/ap/FCN