Korn Ferry reports results for the quarter ended in October - Earnings Summary

Korn Ferry

06/12/2023 14:32

* Korn Ferry  KFY.N  reported quarterly adjusted earnings of
97
cents​​ per share for the quarter ended in October, lower than
the same quarter last year, when the company reported EPS of
$1.43.  The mean expectation of five analysts for the quarter
was for earnings of 95 cents per share. Wall Street expected
results to range from 92 cents to 99 cents per share.
    * Revenue fell 3.3% to $704.00 million from a year ago;
analysts
expected $687.22 million. 
    * Korn Ferry's reported EPS for the quarter was a loss of 4
cents​.
    * The company reported a quarterly loss of $1.71 million.
    * Korn Ferry shares had risen by 12.5% this quarter and
gained 5.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for Korn Ferry is
$58.50 
This summary was machine generated from LSEG data December 6 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.95           0.97           Beat
 Jul. 31 2023      0.91           0.99           Beat
 Apr. 30 2023      1.01           1.01           Met
 Jan. 31 2023      0.91           1.01           Beat