Top Wall Street Forecasters Revamp Korn Ferry Expectations Ahead Of Q4 Earnings

Author: Avi Kapoor | June 12, 2024 08:23am

Korn Ferry (NYSE:KFY) is set to release fourth-quarter financial results, before the opening bell on Thursday.

Analysts expect the Los Angeles, California-based company to report quarterly earnings at $1.12 per share, up from $1.01 per share in the year-ago period. Korn Ferry is expected to post revenue of $689.92 million, compared to $730.87 million a year ago, according to data from Benzinga Pro.

On March 6, Korn Ferry reported a third-quarter fiscal 2024 total revenue decline of 1.5% year-over-year to $676.87 million, beating the consensus of $657.96 million.

Korn Ferry shares rose 0.7% to close at $62.92 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

UBS analyst Joshua Chan maintained a Neutral rating and raised the price target from $66 to $68 on June 7. This analyst has an accuracy rate of 65%.
Baird analyst Mark Marcon maintained an Outperform rating and boosted the price target from $70 to $72 on March 8. This analyst has an accuracy rate of 70%.
Truist Securities analyst Tobey Sommer maintained a Buy rating on March 4. This analyst has an accuracy rate of 75%.

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Posted In: KFY