What move does the options market price into FTI Consulting's report?

Implied ±15.8%, either direction · provisional.

FCNNYSEServices-Management Consulting Services

FTI Consulting, Inc (FCN) earnings date, market-implied expected move, and options open interest by expiry

182.96

Closed16:00 ET

Open181.20Volume626,239Mkt cap$5.0B

Day179.20 – 184.7867%52-wk129.12 – 189.3089%

FCN

FTI Consulting, Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±15.8%implied · straddle

154.02211.66

spot 182.84exp Mar 19ATM strike 185ATM straddle 33.90IV 38%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 26

after close · in 118 days

est.Q4 FY26

Calendar

Next report

Last report

Oct 30

after close

confirmedQ3 FY26Oct 30 close

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+2.26%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

376 managers

Top fund weight

0.12%

FCN weight · MDY

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

FTI Consulting (FCN) is expected to report on Feb 26 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Jul 31 '26confirmed—▼−0.61%—

quarterimplied−5%0+5%realized×

Q2 FY26—▼−0.61%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 29 close

0.63OI · 3 expiries · Oct 29 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

144+1%Nov 2020d0.314700%0.31

1260%Dec 1848d0.472660%0.47

report · Feb 26 · after close · est.

240%Mar 19139d380%

ExpiryPutsCallsP/C

Nov 2020d144+1%4700%0.31

Dec 1848d1260%2660%0.47

report · Feb 26 · after close · est.

Mar 19139d240%380%0.63

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±15.8%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

6.27%as filednet margin · revenue +1.92% QoQ · +5.90% YoY

Revenue

$1.0B+1.92% QoQ

Gross profit

$351M+10.91% QoQ

34.64% margin

Operating income

$90M+5.67% QoQ

8.87% margin

Pre-tax income

$77M+5.80% QoQ

Net income

$63M+9.75% QoQ

6.27% margin

Cost of revenue

$662M−2.28% QoQ

Operating expenses

$261M+12.84% QoQ

SG&A $214M

Other operating $47M

Other expense

$13M

Tax

$14M−9.27% QoQ

Revenue$1.0B+1.92%

Gross profit

$351M+10.91%

34.64% margin

Operating income

$90M+5.67%

8.87% margin

Pre-tax income

$77M+5.80%

Net income

$63M+9.75%

6.27% margin

Cost of revenue

$662M−2.28%

Operating expenses

$261M+12.84%

SG&A $214M

Other operating $47M

Other expense

$13M

Tax$14M−9.27%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.98· ±2.3% vs ±1.2% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.3%7 of 10×1.98

PPIproducer prices±1.6%5 of 11×1.33

CPIconsumer prices±1.4%3 of 11×1.20

FOMCrate decision±1.2%6 of 24×1.06

PCEpersonal income & outlays±1.1%12 of 19×0.91

GDPgross domestic product±1.0%10 of 19×0.82

CPROFcorporate profits±0.9%6 of 12×0.76

Bar = avg |move| to ±3% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 2.35 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	2.35	—
Q2 FY26	Jul 31 '26 · confirmed	1.99	—
Q1 FY26	—	1.90	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod