Korn Ferry Sees FY25 Fee Revenue OF $655M - $675M Vs. $685.88M Est ; Q1 EPS Of $1.05 - $1.15 Vs. $1.06 Est.
Portfolio Pulse from Benzinga Newsdesk
Korn Ferry has provided its financial outlook for FY25, projecting fee revenue between $655M and $675M, which is below the estimated $685.88M. Additionally, the company expects Q1 EPS to be in the range of $1.05 to $1.15, compared to the estimated $1.06.
June 13, 2024 | 10:52 am
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Korn Ferry's FY25 fee revenue projection of $655M-$675M is below the estimated $685.88M, which may concern investors. However, the Q1 EPS forecast of $1.05-$1.15 is in line with the $1.06 estimate, providing some reassurance.
The lower-than-expected FY25 fee revenue projection is likely to negatively impact investor sentiment in the short term. However, the Q1 EPS forecast being in line with estimates may mitigate some of the negative impact.
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