KFY Stock Recent News

Staffing firms like KornFerry International (KFY), Heidrick & Struggles International, Inc. (HSII) and TrueBlue, Inc. (TBI) are poised to gain from the steady job additions to the economy.

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.

Invest in staffing stocks like Staffing 360 Solutions (STAF), KornFerry International (KFY) and Robert Half Inc. (RHI), banking on solid December jobs growth.

A decline in the manufacturing sector's economic activity and a rise in unemployment cast a shadow on the Zacks Staffing industry's outlook. However, a surge in service activities and heightened technology adoption generate optimism.

Korn Ferry (NYSE:KFY ) Q2 2024 Earnings Call Transcript December 6, 2023 12:00 PM ET Company Participants Gary Burnison - CEO Bob Rozek - CFO, EVP and Chief Corporate Officer Gregg Kvochak - SVP Business Development & Analytics Tiffany Louder - VP, IR Conference Call Participants George Tong - Goldman Sachs Mark Marcon - Baird Tobey Sommer - Truist Securities Trevor Romeo - William Blair Josh Chan - UBS Operator Ladies and gentlemen, thank you for standing by and welcome to the Korn Ferry Second Quarter Fiscal Year 2024 Conference Call. At this time, all participants are in a listen-only mode.

Korn/Ferry (KFY) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.43 per share a year ago.

The primary argument for a labor market rebound is that the recession of 2023 hasn't emerged as planned. In typical fashion, many economists and market analysts are simply kicking the can down the road and calling for a recession sometime in 2024.

Korn Ferry's revenue and EBITDA have grown at a respectable 12% during the last decade, as industry tailwinds and internal development have propelled the company forward. We believe the evolution of its service offering, particularly the creation of digital solutions, has future-proofed its business model. Critically, this will reduce the cyclical impact of recruitment. Underpinning this is a globally recognized brand and a track record of M&A. Management is incredibly competent and clearly forward-looking.

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.