FTI Consulting (NYSE: FCN) witnessed a significant 7.09% plummet in its stock price during the pre-market trading session on Thursday. This sharp decline came after the business advisory firm reported disappointing fourth-quarter 2024 financial results that fell short of analyst expectations.

The company reported adjusted earnings per share of $1.56, missing the consensus estimate of $1.73 by a substantial 9.83%. Additionally, FTI Consulting's quarterly revenue of $894.92 million fell short of the expected $913.57 million by 2.04%. These weaker-than-anticipated results marked a 31.58% decrease in earnings per share and a 3.22% decline in revenue compared to the same period last year.

Looking ahead, FTI Consulting provided earnings guidance for the full fiscal year 2025, projecting an adjusted EPS range of $7.44 to $8.24 and revenue between $3.66 billion and $3.81 billion. However, the company's recent lackluster performance has raised concerns among investors about its ability to meet these forward-looking estimates, contributing to the sharp sell-off in its shares.