Korn/Ferry (KFY) Surpasses Q4 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 11.50%. A quarter ago, it was expected that this staffing company would post earnings of $0.99 per share when it actually produced earnings of $1.07, delivering a surprise of 8.08%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-term stock move ...