Korn Ferry: Q4 Earnings Insights

Korn Ferry KFY reported its Q4 earnings results on Tuesday, June 27, 2023 at 06:45 AM.

Here's what investors need to know about the announcement.

Korn Ferry reported in-line EPS of $1.01 versus an estimate of $1.01.

Revenue was up $11.12 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 2.68% drop in the share price the next day.

Here's a look at Korn Ferry's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.91	1.41	1.51	1.55
EPS Actual	1.01	1.43	1.50	1.75
Revenue Estimate	669.99M	696.98M	697.72M	680.71M
Revenue Actual	686.85M	735.72M	703.15M	727.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Korn Ferry management provided guidance for Q1 2024, expecting earnings between $0.84 and $1.0 per share.

To track all earnings releases for Korn Ferry visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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