Korn/Ferry Reports $1.40 EPS, Beating Consensus and Prior Year
Korn/Ferry posted fourth-quarter earnings of $1.40 per share, above the $1.37 consensus estimate and up from $1.32 a year earlier.
Korn/Ferry reported fourth-quarter diluted earnings per share of $1.40, exceeding the Zacks Consensus Estimate of $1.37 per share and marking an increase from $1.32 per share in the prior-year period [1]. The company disclosed adjusted diluted earnings per share of $1.40 for the quarter [2].
The beat represents a 6.1 percent year-over-year increase in earnings per share, indicating that demand for executive search and talent management services remained resilient despite broader concerns about corporate hiring budgets. The consensus estimate of $1.37 per share suggested analysts had modeled a slower recovery in professional services spending than the firm delivered.
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