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NEW YORK - Korn Ferry (NYSE:KFY) reported better-than-expected fourth quarter results and provided solid guidance, sending shares up 2.2% in premarket trading on Wednesday.
The global consulting firm posted adjusted earnings per share of $1.32 for the quarter ended April 30, beating analyst estimates of $1.26. Revenue came in at $712 million, surpassing expectations of $690.07 million and rising 3% year-over-year.
"Even amid the ever-changing global economic and political dynamics, we continue to deliver on our financial and strategic objectives," said CEO Gary D. Burnison.
For the first quarter of fiscal 2026, Korn Ferry expects adjusted EPS between $1.18 and $1.26, compared to the $1.20 consensus. The company forecasts Q1 revenue of $675-695 million, versus analyst projections of $679 million.
The company’s Executive Search segment was a bright spot, with fee revenue jumping 14% year-over-year to $227 million. Professional Search & Interim revenue rose slightly to $130.7 million.
Korn Ferry maintained its balanced capital allocation approach, repurchasing $15 million in stock and paying $25 million in dividends during the quarter.
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