Consulting firm Korn Ferry's Q1 revenue beats expectations

Korn Ferry

09/09/2025 11:55

Overview

Korn Ferry fiscal Q1 fee revenue grows 5% yr/yr to $708.6 mln

Adjusted EPS for fiscal Q1 beats analyst expectations, per LSEG data

Co repurchased 145,770 shares for $9.9 mln during the quarter

Outlook

Korn Ferry expects Q2 FY26 fee revenue between $690 mln and $710 mln

Company projects Q2 FY26 diluted EPS between $1.10 and $1.16

Korn Ferry anticipates Q2 FY26 adjusted diluted EPS from $1.23 to $1.33

Result Drivers

PROFESSIONAL SEARCH & INTERIM - Fee revenue rose 10% due to higher interim fee revenue from the acquisition of Trilogy International

EXECUTIVE SEARCH - Fee revenue increased 8% driven by more engagements billed, with growth in EMEA, North America, and APAC

CONSULTING - Fee revenue up 1% due to a 9% increase in average bill rates, despite slower client consumption of backlog engagements

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$715.50 mln
$689.20 mln (5 Analysts)
Q1 Adjusted EPS
Beat
$1.31
$1.24 (5 Analysts)
Q1 EPS
$1.26
Q1 Basic EPS
$1.28
Q1 Fee Revenue
$708.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy"

Wall Street's median 12-month price target for Korn Ferry is $84.50, about 14.2% above its September 8 closing price of $72.51

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw9F6htva

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)