Korn/Ferry (KFY) Q1 2024 Earnings Report! πŸ“ˆ

Korn/Ferry exceeds Q1 earnings expectations with $1.18 per share! πŸ†

Previous Performance

Last year’s Q1 EPS was $0.99. This year’s growth is impressive! πŸš€

Revenue Highlights

Q1 revenue at $674.95M, beating estimates but down from $699.19M YoY.

Earnings Comparison

Previous EPS: Q4 2023 = $1.26, Q1 2023 = $0.89.

Revenue Trends

last 4 quarters: $706.26M, $686.00M, $682.76M, $674.95M.

Shareholding Pattern

Institutional Investors: 94.85% ownership. Insider Ownership: 5.15%.

Future Outlook

Next quarter EPS guidance: $1.11 - $1.23. Revenue: $655 - $685M.

Market Performance

Korn/Ferry shares up 20.1% YTD vs. S&P 500’s 15.7% gain! πŸ“Š

Zacks Rank

Current Zacks Rank: #4 (Sell). Potential underperformance ahead.

Industry Context

Staffing Firms industry in the bottom 14% of Zacks industries.