Korn Ferry Q4 Adj EPS $1.01, Inline, Sales $738.10M Beat $703.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Korn Ferry (NYSE:KFY) reported Q4 adjusted earnings of $1.01 per share, in line with analyst estimates, and sales of $738.10 million, beating the $703.40 million estimate. This represents a 42.29% decrease in earnings and a 1.53% increase in sales compared to the same period last year.
June 27, 2023 | 10:46 am
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Korn Ferry's Q4 earnings met analyst expectations, while sales exceeded estimates. Earnings decreased by 42.29% YoY, but sales increased by 1.53%.
Korn Ferry's Q4 earnings met analyst expectations, which is a neutral signal for the stock. However, the company's sales beat estimates, which is a positive signal. The decrease in earnings YoY may be a concern for investors, but the increase in sales could offset this. Overall, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100