CORRECTION: Korn Ferry Sees FY25 Fee Revenue OF $655M - $675M 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 $655 million and $675 million. Additionally, the company reported Q1 EPS in the range of $1.05 to $1.15, compared to an estimated $1.06.
June 13, 2024 | 4:09 pm
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Korn Ferry has provided a positive financial outlook for FY25 with fee revenue projections between $655 million and $675 million. The company also reported Q1 EPS in the range of $1.05 to $1.15, surpassing the estimated $1.06.
The positive revenue projection for FY25 and the Q1 EPS exceeding estimates are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100