Investing.com - FTI Consulting reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
FTI Consulting announced earnings per share of $2.15 on revenue of $775.90. Analysts polled by Investing.com anticipated EPS of $2.04 on revenue of $776.06M.
FTI Consulting shares are down 11% from the beginning of the year and are trading at $144.39 , down-from-52-week-high.
FTI Consulting shares lost 18.06% in intra-day trade after the report.
FTI Consulting follows other major Industrials sector earnings this month
FTI Consulting's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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