Korn Ferry (NYSE:KFY) reported its Q1 earnings results on Wednesday, September 7, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Korn Ferry missed estimated earnings by 0.66%, reporting an EPS of $1.5 versus an estimate of $1.51.
Revenue was up $115.05 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 1.52% drop in the share price the next day.
Here’s a look at Korn Ferry’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.55 | 1.48 | 1.37 | 1.07 |
| EPS Actual | 1.75 | 1.59 | 1.53 | 1.37 |
| Revenue Estimate | 680.71M | 651.06M | 604.66M | 540.51M |
| Revenue Actual | 727.00M | 684.96M | 643.40M | 588.10M |
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 Q2 2023, expecting earnings between $1.34 and $1.5 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.
