Korn Ferry(US:KFY) ZACKSยท2024-06-10 14:16Core Insights - Korn/Ferry (KFY) is expected to report quarterly earnings of $1.13 per share, an increase of 11.9% year-over-year, while revenues are forecasted at $685.5 million, reflecting a decrease of 6.2% compared to the previous year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [1] Revenue Estimates - Total executive search fee revenue is projected to be $199.91 million, showing a year-over-year decline of 6% [3] - Overall fee revenue is estimated to reach $685.50 million, indicating a 6.2% decrease year-over-year [4] - Consulting fee revenue is expected to be $177.82 million, reflecting a year-over-year increase of 1.5% [6] - Digital fee revenue is forecasted at $95.41 million, representing a 4.3% increase from the prior-year quarter [7] - RPO and Professional Search fee revenue is anticipated to be $212.38 million, indicating a significant decline of 15.6% from the year-ago quarter [8] Market Performance - Over the past month, Korn/Ferry shares have returned -1.9%, contrasting with the Zacks S&P 500 composite's increase of +3.3% [7] - Korn/Ferry currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]