KFY Stock Recent News

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced the launch of a new book, Love, Hope & Leadership: A Special Edition – a collection of reflections, perspectives, and pivot points that define how we live and lead. Through stories and imagery, Love, Hope & Leadership captures today's dynamic environment, while offering leadership advice for professionals to consider – from a firm that has conducted more than 100 million assessments and develops 1 million people a year.

While Korn Ferry has seen growth in fee revenue across the Consulting segment, that of the Executive Search segment has continued to see a decline. In my view, labour market demand needs to see a rebound for Executive Search engagement billings to grow from here. I rate Korn Ferry as a Hold at this time.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Korn/Ferry (KFY) have what it takes?

Here is how Korn/Ferry (KFY) and Outbrain Inc. (OB) have performed compared to their sector so far this year.

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.

Korn/Ferry (KFY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

I continued to recommend a hold rating for Korn Ferry due to poor hiring demand and unlikely Fed rate cuts in 2024. FY24 results are in line with my estimates, but the growth outlook is weakened by macro conditions. I have revised margin estimates upwards, but toned down valuation expectations for FY25.

Korn Ferry (NYSE:KFY ) Q4 2024 Earnings Conference Call June 13, 2024 11:00 AM ET Company Participants Gary Burnison - CEO Bob Rozek - CFO Gregg Kvochak - SVP, Business Development and Analytics Tiffany Louder - VP, IR Conference Call Participants George Tong - Goldman Sachs Mark Marcon - Baird Jack Wilson - Truist Securities Trevor Romeo - William Blair Karan Singhania - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Korn Ferry Fourth Quarter and Fiscal Year End April 30, 2024 Conference call. At this time all participants are in a listen-only mode.

While the top- and bottom-line numbers for Korn/Ferry (KFY) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Korn/Ferry (KFY) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.01 per share a year ago.