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Korn Ferry Beats Q4 Estimates, Sees Solid Growth
25 Jun
Summary
- Korn Ferry's Q4 adjusted EPS of $1.40 exceeded expectations of $1.38.
- Fee revenue rose 7% to $759.8 million, surpassing forecasts.
- The company achieved its fifth consecutive quarter of revenue growth.
Korn Ferry has announced strong results for its fiscal fourth quarter, surpassing analysts' predictions. The company reported adjusted earnings per share of $1.40, exceeding the consensus estimate of $1.38. Fee revenue saw a significant year-over-year increase of 7%, reaching $759.8 million, also ahead of market expectations.
This marks the fifth consecutive quarter of revenue growth for Korn Ferry, underscoring resilience across its diverse business segments. The Professional Search & Interim division notably delivered the strongest performance, with revenue climbing 14% year over year. Executive Search and Consulting also contributed positively, each recording 7% revenue increases.
Looking ahead, Korn Ferry has provided guidance for the first quarter of fiscal 2027. Earnings per share are projected to be between $1.32 and $1.38, while revenue is expected to range from $725 million to $745 million. Despite a more measured outlook for the upcoming quarter, the company's CEO emphasized ongoing growth momentum and the increasing relevance of their solutions.
