FTI Consulting's Economic Consulting segment lost market share in U.S. antitrust consulting, pressuring the company's top-line performance and prompting Sycamore Mid Cap Value Equity Strategy to place its investment thesis under review. In its Q2 2026 investor letter, the strategy noted that FTI's first-quarter 2026 earnings per share came in well below analyst expectations due to rising SG&A expenses expected to persist through the rest of 2026, while management indicated a recovery in the Economic Consulting segment could take multiple quarters. On the positive side, the board authorized an additional $307 million for the repurchase program and reaffirmed full-year 2026 guidance. FTI Consulting shares closed at $152.68 on August 12, 2026, reflecting a market capitalization of $4.22 billion, with a one-month return of -8.37% and a 52-week loss of 9.98%.
FTI Consulting IncQ1 2026 EPS missed estimates due to rising SG&A expenses, pressuring top line and prompting investment thesis review.
