Korn Ferry expected to post earnings of $1.01 a share - Earnings Preview

Korn Ferry

16/06/2023 13:33

* Korn Ferry  KFY.N   KFY  is expected to show a fall in
quarterly
revenue when it reports  results on June 20 (estimated). 
    * The Los Angeles California-based  company is expected to
report 
a 2.5% decrease in revenue to $703.402 million from $721.14
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
March 8 2023, for the period ended April 30, was for revenue
between $690.00 million and $710.00 million.
    * ​Refinitiv's mean analyst estimate for Korn Ferry is for
earnings of $1.01 per share. The company's EPS guidance on March
8 2023, for the period ended April 30, was between $0.97 and
$1.05 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Korn Ferry
is
$64.5​, above​ its last closing price of $50.62. ​​​

The company's guidance on March 8 2023 for the period ended
April 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD690 million and USD99.4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.92        0.91       1.01      Beat    10.7
 Oct. 31 2023  1.42        1.41       1.43      Beat    1.1
 Jul. 31 2022  1.51        1.51       1.50      Missed  -0.7​
 Apr. 30 2022  1.55        1.55       1.75      Beat    12.8
 ​​Jan.        1.48        1.48       1.59      Beat    7.1
 31 2022                                                
 Oct. 31 2021  1.37        1.37       1.53      Beat    11.5​
 Jul. 31 2021  1.07        1.07       1.37      Beat    27.8
 Apr. 30 2021  0.99        0.98       1.21      Beat    23.2
 This summary was machine generated June 16 at 12:33 GMT.  All
figures in US dollars  unless otherwise stated