Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Korn/Ferry (KFY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Korn/Ferry is one of 316 individual stocks in the Business Services sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 differe ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on June 13, 2024, Korn/Ferry reported EPS of $1.26 versus consensus estimate of $1.13 while it beat the consensus revenue estimate by 0.77%. Korn/Ferry has a Value Score of A. The stock's Growth and Momentum Scores are D and A, respectively, giving the company a VGM Score of A. Have you been paying attention to shares of Korn/Fer ...

Review Investment action KFY reported 4Q24 earnings yesterday, with FY24 total revenue coming in at $2.79 billion (pretty much in line with my FY24 estimates) and net income of $224 million (beat my estimate by $7 million). Although I welcome this beat, I have become less confident in the growth outlook for KFY as the macro conditions are not showing the signs of recovery that I was expecting. The bullish investors are probably celebrating the fact that KFY is seeing stabilizing labor market trends (as per ...

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. View all Key Company Metrics for Korn/Ferry here>>> Korn/Ferry (KFY) reported $690.8 million in revenue for the quarter ended April 2024, representing a yearover-year decline of 5.5%. EPS of $1.26 for the same period compares to $1.01 a year ago. Here is how Korn/Ferry per ...

Core Insights - Korn/Ferry reported quarterly earnings of $1.26 per share, exceeding the Zacks Consensus Estimate of $1.13 per share, and showing an increase from $1.01 per share a year ago [10] - The company achieved revenues of $690.8 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 0.77%, although this represents a decline from year-ago revenues of $730.87 million [8] - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $682.76 million, and for the current fiscal year, it is $4.72 on revenues of $2.83 billion [7] Company Performance - Korn/Ferry has surpassed consensus EPS estimates in all four of the last quarters [5] - The stock has added approximately 6.8% since the beginning of the year, compared to the S&P 500's gain of 13.7% [11] - The company is currently ranked 3 (Hold) by Zacks, indicating expected performance in line with the market in the near future [12] Industry Context - The Staffing Firms industry, to which Korn/Ferry belongs, is currently in the bottom 25% of the Zacks Industry Rank, which may negatively impact stock performance [9] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [3]

Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Investor Relations: Tiffany Louder, (214) 310-8407 Media: Dan Gugler, (310) 226-2645 Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations Fourth Quarter and Full Year Highlights Los Angeles, CA, June 13, 2024 – Korn Ferry (NYSE: KFY), a global organizational consulting firm, today announced fourth quarter and annual fee revenue of $690.8 million and $2,762.7 million, respectively. In addition, fourth quarter diluted earnings per share was ...

In its upcoming report, Korn/Ferry (KFY) is predicted by Wall Street analysts to post quarterly earnings of $1.13 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $685.5 million, representing a year-over-year decrease of 6.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Ahead ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 12th:Li Auto Inc. (LI) : This China-based new energy vehicles company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.Li Auto’s shares gained 22.1% over the past month compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score  of A.Sumitomo Mitsui Financial Group, Inc. (SMFG) : This company th ...