Korn/Ferry International Earnings: Everything You Must Know Now

Korn/Ferry International (NYSE:KFY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Korn/Ferry International Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 14.29% to $0.32 in the quarter versus EPS of $0.28 in the year-earlier quarter.

Revenue: Rose 14.95% to $238.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Korn/Ferry International reported adjusted EPS income of $0.32 per share. By that measure, the company beat the mean analyst estimate of $0.31. It beat the average revenue estimate of $223.58 million.

Quoting Management: “I am pleased with our strategic progress and operating results for the fourth quarter, which includes accelerating the integration of our recent acquisitions as well as further diversifying and differentiating our Company. In the fourth quarter, Korn/Ferry’s broader talent management offerings accounted for 40% of fee revenue which reflects the Company’s transformation as a talent management consultancy,” said Gary D. Burnison, CEO of Korn/Ferry International. “As global companies fight for growth and relevancy in this decade, talent will be the differentiator – Korn/Ferry is the bridge between a client’s business and talent strategy – delivering solutions that help our clients with the design, building and attraction of that talent.”

Key Stats (on next page)…

Revenue increased 13.47% from $210.27 million in the previous quarter. EPS increased 3.23% from $0.31 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.29 to a profit $0.28. For the current year, the average estimate is a profit of $1.08, which is the same with that ninety days ago.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)