Korn Ferry (NYSE:KFY) reported its Q4 earnings results on Tuesday, June 27, 2023 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Korn Ferry reported in-line EPS of $1.01 versus an estimate of $1.01.
Revenue was up $11.12 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 2.68% drop in the share price the next day.
Here’s a look at Korn Ferry’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.91 | 1.41 | 1.51 | 1.55 |
| EPS Actual | 1.01 | 1.43 | 1.50 | 1.75 |
| Revenue Estimate | 669.99M | 696.98M | 697.72M | 680.71M |
| Revenue Actual | 686.85M | 735.72M | 703.15M | 727.00M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Korn Ferry management provided guidance for Q1 2024, expecting earnings between $0.84 and $1.0 per share.
To track all earnings releases for Korn Ferry visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
