Top Wall Street Forecasters Revamp Korn Ferry Price Expectations Ahead Of Q1 Earnings

Author: Avi Kapoor | September 05, 2024 02:45am

Korn Ferry (NYSE:KFY) is set to release earnings results for its first quarter, before the opening bell on Thursday, Sept. 5.

Analysts expect the Los Angeles, California-based company to report quarterly earnings at $1.12 per share, up from 99 cents per share in the year-ago period. Korn Ferry projects to report quarterly revenue of $663.94 million for the quarter, according to data from Benzinga Pro.

On June 13, Korn Ferry said fourth-quarter revenue fell 5.2% Y/Y to $699.9 million, beating the consensus of $689.92 million.

Korn Ferry shares gained 0.1% to close at $71.29 on Wednesday.

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.

• Truist Securities analyst Tobey Sommer reiterated a Buy rating and raised the price target from $74 to $78 on June 14. This analyst has an accuracy rate of 81%.
• Baird analyst Mark Marcon maintained an Outperform rating and boosted the price target from $72 to $79 on June 14. This analyst has an accuracy rate of 69%.
• 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 69%.

Considering buying KFY stock? Here’s what analysts think:

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Posted In: KFY