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Tuesday, October 31, 2006

FTI Consulting (FCN) Beats The Street

FTI Consulting (NYSE:FCN - News) shares gained 7.4% after the Baltimore consulting services provider reported third-quarter adjusted earnings of 32 cents a share on revenue of $162.1 million. The profit was in line with Wall Street's consensus estimate. The company also said it still expects earnings of $1.26 to $1.35 a share in 2006, excluding a special termination charge but including the impact of its Financial Dynamics' acquisition and stock option expense.

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