Korn Ferry expected to post earnings of $1.12 a share - Earnings Preview

Korn Ferry

11/06/2024 13:32

* Korn Ferry  KFY.N   KFY  is expected to show a fall in
quarterly
revenue when it reports  results on June 13 for the period
ending April 30 2024
    * The Los Angeles California-based  company is expected to
report
a 5.6% decrease in revenue to $689.922 million from $730.87
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Korn Ferry is for
earnings of
$1.12 per share. The company's EPS guidance on March 6 2024, for
the period ended April 30, was between $1.09 and $1.17 
    * 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
$73.00​, above​ its last closing price of $62.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.99        0.99       1.07      Beat    7.6
 Oct. 31 2024  0.96        0.95       0.97      Beat    1.7
 Jan. 1 0001   0.91        0.91       0.99      Beat    8.3​
 Jan. 1 0001   1.01        1.01       1.01      Met     0.2
 ​​Jan.        0.92        0.91       1.01      Beat    10.7
 31 2023                                                
 Oct. 31 2022  1.42        1.41       1.43      Beat    1.1​
 Jan. 1 0001   1.51        1.51       1.50      Missed  -0.7
 Apr. 30 2022  1.55        1.55       1.75      Beat    12.8
 This summary was machine generated June 11 at 12:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)