Korn/Ferry International (KFY) Releases Earnings Results, Beats Expectations By $0.04 EPS

Korn/Ferry International (KFY) reported quarterly earnings results on Wednesday, Jun-15-2016. The company said it had a profit of $0.58 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.54. The company posted revenue of $417.10 million in the period, compared to analysts expectations of $408.41 million. The company’s revenue was up 47.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

Many Wall Street Analysts have commented on Korn/Ferry International. Korn/Ferry International was Upgraded by Macquarie to ” Outperform” on Apr 8, 2016.

Korn/Ferry International closed down -0.47 points or -1.63% at $28.33 with 4,79,021 shares getting traded on Tuesday. Post opening the session at $28.7, the shares hit an intraday low of $28.26 and an intraday high of $28.85 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Dec 18, 2015, Harry L. You (director) sold 4,000 shares at $34.63 per share price. According to the SEC, on Jun 19, 2015, Robert P Rozek (EVP and CFO) sold 2,969 shares at $35.10 per share price.

Korn/Ferry International offers leadership and talent consulting services. The Company provides executive recruitment leadership development enterprise learning succession planning and recruitment process outsourcing. Its business segments include Executive Recruitment Leadership & Talent Consulting (LTC) and Professional Search and Recruitment Process Outsourcing (Futurestep). Its executive recruitment services are used to fill executive-level positions such as board directors chief executive officers chief financial officers chief operating officers chief information officers and other senior executive officers. Its strategic management assessment and executive coaching and development services are consolidated under the LTC segment. Its subsidiary Futurestep offers talent acquisition solutions including recruitment process outsourcing project recruitment professional search talent consulting and talent communications. It operates in around 37 countries.

Korn/Ferry International

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