Korn Ferry shares soar after quarterly report

Korn Ferry

18/06/2025 16:29

** Shares in Korn Ferry KFY.N up ~9% on Wednesday on track for biggest one-day pct gain since June 2024 (when it rose 10.8% in one session) after fiscal Q4 earnings and revenue beat Street expectations

** The recruitment co reported adj EPS of $1.32 vs consensus estimate of $1.26 and rev of $712 mln vs consensus expectation for $689.9 mln, according to latest data from LSEG

** KFY forecast Q1 adj EPS in range of $1.18 to $1.26 and fee revenue in range of $675 mln and $695 mln with outlook assuming geopolitical, economic conditions, financial markets and foreign exchange rates remain steady

** KFY shares last traded at $72.57 vs median PT of $78.50, unchanged from month ago, according to LSEG, which shows 5 analyst ratings of 2 'strong buy,' 2 'buy,' and 1 'hold'

** With move on the session, shares up ~8% YTD while S&P 600 human resources & employment services index .SPSMCHRES is down about ~22% in same timeframe

 (Reporting by Sinéad Carew)

 ((sinead.carew@thomsonreuters.com))