Korn Ferry (KFY) Expected to Announce Earnings on Wednesday

Korn Ferry (NYSE:KFY) is expected to be posting its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect Korn Ferry to post earnings of $1.13 per share and revenue of $650.45 million for the quarter. Korn Ferry has set its Q3 guidance at $1.06-1.18 EPS and its Q3 2025 guidance at 1.060-1.180 EPS.

Korn Ferry (NYSE:KFY) last posted its quarterly earnings data on Thursday, December 5th. The business services provider reported $1.21 EPS for the quarter, meeting analysts’ consensus estimates of $1.21. The company had revenue of $682.00 million during the quarter, compared to analyst estimates of $675.35 million. Korn Ferry had a net margin of 9.03% and a return on equity of 14.27%. The business’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.97 earnings per share. On average, analysts expect Korn Ferry to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Korn Ferry Stock Performance

Korn Ferry stock opened at $63.60 on Tuesday. Korn Ferry has a fifty-two week low of $59.78 and a fifty-two week high of $80.64. The firm’s 50 day simple moving average is $67.85 and its 200-day simple moving average is $71.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. The company has a market cap of $3.28 billion, a P/E ratio of 13.59 and a beta of 1.57.

Korn Ferry Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 20th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend was Friday, December 20th. Korn Ferry’s payout ratio is 31.62%.

Insider Buying and Selling at Korn Ferry

In related news, CEO Mark Arian sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $72.24, for a total value of $1,444,800.00. Following the completion of the sale, the chief executive officer now directly owns 68,869 shares in the company, valued at approximately $4,975,096.56. The trade was a 22.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

KFY has been the subject of a number of research analyst reports. Truist Financial increased their target price on Korn Ferry from $78.00 to $84.00 and gave the company a “buy” rating in a report on Friday, December 6th. StockNews.com raised Korn Ferry from a “hold” rating to a “buy” rating in a research note on Tuesday, December 17th.

About Korn Ferry

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.