KFY Stock Recent News

Korn/Ferry (KFY) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.50 per share a year ago.

Korn Ferry (NYSE:KFY ) Q4 2023 Earnings Conference Call June 27, 2023 12:00 PM ET Company Participants Gary Burnison - Chief Executive Officer Bob Rozek - Chief Financial Officer Gregg Kvochak - Senior Vice President, Investor Relations Tiffany Louder - Vice President, Investor Relations Conference Call Participants George Tong - Goldman Sachs Jasper Bibb - Truist Securities Trevor Romeo - William Blair Marc Riddick - Sidoti Andre Childress - Baird Operator Ladies and gentlemen, thank you for standing by, and welcome to the Korn Ferry Fourth Quarter and Fiscal Year Ended April 30th, 2023 Conference Call. At this time, all participants are in a listen-only mode.

Consulting firm Korn Ferry shares are down Tuesday after the company posted a fiscal fourth-quarter profit that shrunk by almost 50% year-over-year.  The New York-based company posted a profit of $47.5 million, $0.91 per share, for the three months ended April 30, down from $91.7 million, $1.71 per share, in the same period a year earlier.

Korn Ferry NYSE: KFY reported its fourth quarter and full-year 2023 earnings on June 27. KFY stock is down over 4% in early trading on weak guidance for the coming quarter.

Korn/Ferry (KFY) came out with quarterly earnings of $1.01 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.75 per share a year ago.

Korn/Ferry (KFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY) today announced that the firm will release financial results for the fourth quarter of full fiscal year 2023 (ended April 30, 2023) on Tuesday, June 27, 2023. A press release will be issued before the market opens on Tuesday, June 27, 2023, followed by a live webcast at 12:00 p.m. EDT. What: Korn Ferry to Report Q4 FY2023 Earnings   Investor Live Webcast     When: 12:00 p.m. EDT, June 27, 2023     Where: Live audio webcast and accompanying sli.

In the TTM period, Korn Ferry (-22.24%) has experienced poorer price action to both the market (SPY: +3.20%) and TradingView's Industrial Index (+10.39%). This reflects declining YoY growth in quarterly cash flows, with Q3 2022 cash flows down 30.38% from Q3 2021.

Olstein Capital Management, the firm led by Robert Olstein (Trades, Portfolio), disclosed in a regulatory portfolio update filing that its top-five trades during the first quarter included a new holding in Korn Ferry ( KFY , Financial), a boost to its position in International Flavors & Fragrances Inc. ( IFF , Financial), a reduction to its holding in Generac Holdings Inc. ( GNRC , Financial) and the closure of its positions in The Scotts Miracle Gro Co. ( SMG , Financial) and Booking Holdings Inc. ( BKNG , Financial).