Korn Ferry Q1 Fee Revenue Jumps 7% to $756.5M, Guides Q2 Above Consensus
KFY sits 44% above its 52-week low of $58.95.
Summary
Korn Ferry reported Q1 FY27 fee revenue of $756.5M, up 7% year-over-year, beating estimates, with adjusted diluted EPS of $1.43 versus $1.31 a year ago. The company guided Q2 fee revenue to $860-878M and adjusted EPS to $1.30-1.40, reflecting the September 1 AMS acquisition. This is the first quarter including AMS, and the guidance implies continued momentum. Estimated remaining fees under existing contracts at the end of Q1 were $1.9B. The stock trades near its 52-week high, and the results support the premium valuation. Watch the earnings call at 12:00 PM EDT for management commentary on AMS integration and the demand environment.
At the time of this announcement, KFY was trading at $85.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $58.95 to $87.51. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.