Earnings Preview: Korn/Ferry International to Report Q4 Earnings Wednesday After the Bell

Human resource services company Korn/Ferry International

is scheduled to report fourth quarter 2012 earnings after market close today. Analysts expect the company to report adjusted quarterly earnings per share of $0.27 on revenues of $192.0 million. These Q4 analyst earnings and revenue expectations fall within the projected ranges management released in its last quarterly release. Management projected that Q4 adjusted earnings per share would fall within $0.24 to $0.30, and revenue would fall to within $182 million to $196 million. In today's earnings release, management is expected to announce projections for first quarter 2013 adjusted earnings per share. Analysts are expecting Q1 adjusted earnings per share of around $0.30 on revenue of $200.4 million. In addition, Korn/Ferry has a forward price-to-earnings ratio close to 11. Korn/Ferry has released adjusted earnings per share below analyst estimates for the previous two quarters. The company's Q4 conference call is expected to begin today at 5:00pm EST. On Wednesday morning, shares of the firm were trading approximately 2% lower for the day and are down about 21% year-to-date.