What caused FCN's EPS to drop in Q3 2024?

The EPS of FCN declined from $2.34 in Q2 2024 to $1.85 in Q3 2024. The decrease in FTI Consulting's EPS in Q3 2024 can be attributed to several factors:

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|FCN|FCN.N|FTI Consulting|2024 Q1|66.41791044776119|2.23|169|
|FCN|FCN.N|FTI Consulting|2024 Q2|33.71428571428571|2.34|169|
|FCN|FCN.N|FTI Consulting|2024 Q3|-20.940170940170933|1.85|169|

1. **Strategic Investments and Increased Expenses**: The company has been actively investing in strategic hires and expanding its service offerings, which can lead to increased expenses before fully realizing the revenue benefits. These investments are likely causing the net margin pressure, leading to a drop in EPS.
2. **Market Conditions and Uncertainties**: There are some uncertainties in the market, such as geopolitical tensions, which may affect demand for FTI's services and lead to a slowdown in revenue growth, thereby impacting EPS.

In conclusion, the decline in FCN's EPS in Q3 2024 is likely a result of strategic investments and increased expenses, and market conditions and uncertainties.