Korn Ferry Q4 Adj $1.26 Beats $1.12 Estimate, Sales $699.92M Beat $689.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Korn Ferry (NYSE:KFY) reported Q4 earnings of $1.26 per share, beating the analyst estimate of $1.12. Sales were $699.92 million, also surpassing the estimate of $689.92 million. Despite the positive earnings, sales decreased by 5.18% compared to the same period last year.
June 13, 2024 | 10:47 am
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Korn Ferry reported Q4 earnings of $1.26 per share, beating the analyst estimate of $1.12. Sales were $699.92 million, also surpassing the estimate of $689.92 million. Despite the positive earnings, sales decreased by 5.18% compared to the same period last year.
Korn Ferry's earnings per share and sales both exceeded analyst expectations, which is likely to have a positive short-term impact on the stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100