Korn Ferry Q3 revenue beats estimates on growth across all solutions

Korn Ferry

09/03/2026 10:59

Overview

Consulting firm's Q3 fee revenue grew 7% yr/yr, Q3 revenue beat analyst expectations

Adjusted EPS for Q3 beat analyst expectations

Company is a Founding Partner of the LA28 Olympic and Paralympic Games

Outlook

Q4 FY26 fee revenue expected between $730 mln and $750 mln

Q4 FY26 diluted EPS expected to range from $1.34 to $1.40

Result Drivers

EXECUTIVE SEARCH GROWTH - Fee revenue in Executive Search increased 13% due to more engagements and higher fees per engagement

CONSULTING REVENUE INCREASE - Consulting fee revenue rose 5% year-over-year, driven by a 2% increase in average bill rates

DIGITAL SOLUTIONS CONTRIBUTION - Digital fee revenue grew 4%, primarily due to an 8% increase in subscription and license fees

Company press release: ID:nBw21Rl99a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$725 mln
$695.12 mln (5 Analysts)
Q3 Adjusted EPS
Beat
$1.28
$1.24 (5 Analysts)
Q3 EPS
$1.23
Q3 Basic EPS
$1.25
Q3 Fee Revenue
$717.40 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 $80.50, about 26.6% above its March 6 closing price of $63.60

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)