Workflow
Unveiling Korn/Ferry (KFY) Q2 Outlook: Wall Street Estimates for Key Metrics
KFYKorn Ferry(KFY) ZACKS·2024-12-02 19:30

Core Viewpoint - Korn/Ferry (KFY) is expected to report quarterly earnings of 1.21pershare,reflectinga24.71.21 per share, reflecting a 24.7% increase year-over-year, while revenues are forecasted to decline by 4.7% to 671 million [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating analysts' reassessment of their projections [1] - Analysts predict 'Fee Revenue- Total executive search' to reach 202.31million,adecreaseof0.3202.31 million, a decrease of 0.3% from the previous year [4] - The overall 'Fee revenue' is estimated at 671 million, showing a decline of 4.7% year-over-year [4] - 'Fee Revenue- Digital' is forecasted to be 91.19million,down6.191.19 million, down 6.1% from the year-ago quarter [4] - 'Fee Revenue- Consulting' is expected to reach 170.12 million, indicating a year-over-year change of -4.3% [5] Group 2: Market Performance - Korn/Ferry shares have increased by 10.9% over the past month, outperforming the Zacks S&P 500 composite, which rose by 3.5% [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [6]