Korn/Ferry International (NYSE:KFY) Releases Earnings Results, Beats Expectations By $0.07 EPS

Key Points

• Korn/Ferry exceeded quarterly expectations, reporting EPS of $1.43 versus the $1.36 consensus and revenue of $764.62 million compared with expectations of $737.66 million. The company updated its Q2 2027 EPS guidance to $1.30–$1.40.
• Shares fell 4.3% to open at $81.71 despite the earnings beat. Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Hold.
• Korn/Ferry declared a quarterly dividend of $0.55 per share, equivalent to $2.20 annually and a 2.7% yield; institutional investors own 98.82% of the company’s stock.

Korn/Ferry International (NYSE:KFY - Get Free Report) issued its quarterly earnings results on Wednesday. The business services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07, FiscalAI reports. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The firm had revenue of $764.62 million for the quarter, compared to analysts' expectations of $737.66 million. Korn/Ferry International updated its Q2 2027 guidance to 1.300-1.400 EPS.

Korn/Ferry International Trading Down 4.3%

Korn/Ferry International stock opened at $81.71 on Wednesday. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $87.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.94 and a current ratio of 1.94. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 15.59 and a beta of 1.19. The company has a 50 day moving average price of $80.50 and a 200 day moving average price of $71.07.

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be paid a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, September 22nd. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. Korn/Ferry International's dividend payout ratio (DPR) is currently 41.98%.

Analyst Upgrades and Downgrades

KFY has been the topic of several recent research reports. Truist Financial lifted their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a "buy" rating in a research report on Tuesday, June 9th. UBS Group increased their price objective on Korn/Ferry International from $70.00 to $75.00 and gave the company a "neutral" rating in a research report on Wednesday, June 24th. Robert W. Baird raised their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 24th. Wall Street Zen upgraded Korn/Ferry International from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Weiss Ratings raised Korn/Ferry International from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Korn/Ferry International has an average rating of "Moderate Buy" and an average price target of $78.50.

Institutional Trading of Korn/Ferry International

Hedge funds have recently modified their holdings of the business. Kemnay Advisory Services Inc. acquired a new position in shares of Korn/Ferry International in the fourth quarter worth $115,000. MML Investors Services LLC grew its stake in Korn/Ferry International by 5.6% in the fourth quarter. MML Investors Services LLC now owns 4,231 shares of the business services provider's stock valued at $279,000 after purchasing an additional 224 shares in the last quarter. Walleye Capital LLC acquired a new position in Korn/Ferry International in the 4th quarter worth about $240,000. Cibc World Markets Corp acquired a new position in Korn/Ferry International in the 4th quarter worth about $229,000. Finally, Magnetar Financial LLC purchased a new stake in shares of Korn/Ferry International during the 3rd quarter worth about $259,000. Hedge funds and other institutional investors own 98.82% of the company's stock.

Korn/Ferry International Company Profile

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company's core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.