Korn/Ferry posts $69 million fiscal Q1 profit, issues Q2 EPS view of $1.30–$1.40
AI Market Summary
Korn/Ferry reported fiscal Q1 results above expectations, with adjusted EPS of 1.43 and adjusted revenue of 756.5M, and guided Q2 EPS to 1.30–1.40 with revenue of 860–878M. The beat-and-raise tone signals resilient demand for staffing and advisory services, modestly supportive for risk sentiment, though the impact is likely limited given the single-company scope.
Impact level
● Low
Affected assets
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AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Korn/Ferry International reported fiscal first-quarter net income of $69 million, with adjusted earnings of $1.43 per share and adjusted revenue of $756.5 million, topping market expectations. Revenue for the quarter was $764.6 million. For the quarter ending in October, the company forecast earnings per share of $1.30 to $1.40 and revenue of $860 million to $878 million, according to AP.
