Korn Ferry climbs on forecast, quarterly results beat

Korn Ferry

08/03/2023 14:53

** Executive search firm Korn Ferry's shares  KFY.N  gain 5.8% to $58.3
    ** Stock on track to post best day since Nov 2022, if gains hold
    ** Co forecasts Q4 adj. earnings in the range of $0.97/shr to $1.05/shr,
above analysts' estimates of $0.95/shr, as per Refinitiv data
    ** Reports Q3 adj. earnings of $1.01/shr, above estimates of $0.91/shr
    ** Also reports Q3 rev. of $686.8 mln, beating estimates of $670 mln
    ** Including session moves, shares of KFY up 17% YTD

 (Reporting by Shristi Achar A in Bengaluru)
 ((Shristi.AcharA@thomsonreuters.com;))