Korn Ferry Stock (NYSE:KFY), Trade Ideas

Korn Ferry

Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.

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Korn Ferry (NYSE: KFY) reported a 1.5% decline in total revenue for Q3 fiscal 2024, beating consensus. Operating income and adjusted EPS also increased.

Korn Ferry Consulting Firm Announces Dividend, Forecasts Higher Earnings in Q4 Amid Revenue Dip

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Markets

Korn Ferry (NYSE: KFY) reported a second-quarter FY24 total revenue decline of 3.2% year-over-year to $712.45 million, beating the 

Mixed Fortunes for Korn Ferry: What&#39;s Behind Their Soaring Dividend Despite Falling Income?

General

Korn Ferry (NYSE: KFY) reported first-quarter FY23 total revenue growth of 0.5% year-over-year to $706.26 million, 

Korn Ferry Q1 Earnings Beat Estimates On Strength In Diversification Strategy

Baird analyst Mark Marcon maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Outperform and raises the price target from $70 to $72.

Price Target

Analyst Ratings

Baird Maintains Outperform on Korn Ferry, Raises Price Target to $72

Baird analyst Mark Marcon maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Outperform and raises the price target from $62 to $70.

Baird Maintains Outperform on Korn Ferry, Raises Price Target to $70

Korn Ferry&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) reported a third-quarter fiscal 2024 total revenue decline of 1.5% year-over-year to $676.87 million, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/b37505210/korn-ferry-announces-third-quarter-fiscal-2024-results-of-operations" rel="noreferrer noopener">consensus of $657.96 million.</a>&nbsp;
Fee revenue of the global organizational consulting firm was $668.68 million, a decrease of 2.0% Y/Y. Adjusted EPS of $1.07 beats the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">estimate of $0.99</a>.
Operating income climbed 299% Y/Y to $49.9 million, with an operating margin of 7.5%, up by 570 bps Y/Y. Adjusted EBITDA was $101.7 million, with an adjusted EBITDA margin of 15.2%, up by 110 bps Y/Y.
The company exited the quarter with cash and equivalents worth $782.5 million.&nbsp;
Dividend:&nbsp;The company declared a quarterly dividend of $0.33 per share on March 5, 2024, payable on April 15, 2024, to stockholders of record on March 27, 2024.
Q4 Outlook: Korn Ferry expects adjusted EPS of $1.09 &#8211; $1.17, versus <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">consensus of $1.07</a> and fee revenue of $675 million &#8211; $695 million.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/06082304/newplot-1-4.png" alt="" class="wp-image-241167" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/06082304/newplot-1-4.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/06082304/newplot-1-4-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Investors can gain exposure to Korn Ferry via&nbsp;Elevation Series Trust Sovereign&#8217;s Capital Flourish Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOVF#NYSE">SOVF</a>) and&nbsp;Invesco S&amp;P SmallCap Industrials ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSCI#NASDAQ">PSCI</a>).
Price Action:&nbsp;KFY shares closed lower by 3.14% to $64.06 on Tuesday.

Korn Ferry Expects Q4 FY24 Adjusted EPS Of $1.09-$1.17 Vs. Consensus $1.07

Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.99 by 8.08 percent. This is a 5.94 percent increase over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $676.87 million which beat the analyst consensus estimate of $658.50 million by 2.79 percent. This is a 1.45 percent decrease over sales of $686.85 million the same period last year.

Korn Ferry Q3 Adj. EPS $1.07 Beats $0.99 Estimate, Sales $676.87M Beat $658.50M Estimate

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&bull; Hamilton Insurance Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HG#NYSE">HG</a>) is expected to report quarterly earnings at $0.65 per share on revenue of $15.30 million.
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&bull; Riley Exploration Permian (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/REPX#AMEX">REPX</a>) is estimated to report quarterly earnings at $1.60 per share on revenue of $94.75 million.
&bull; Zymeworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYME#NASDAQ">ZYME</a>) is expected to report quarterly loss at $0.43 per share on revenue of $15.45 million.
&bull; Miller Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLR#NYSE">MLR</a>) is projected to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ADAP

AEYE

AIRG

AMPY

ARIS

BRCC

BWAY

CDXC

CMPO

CPSH

CULP

DSGX

EARN

EHAB

EVGO

EWCZ

FRPH

GENI

GENK

GROV

GWRS

HDSN

HIPO

HNST

HTOO

INFN

KEQU

KIDS

KLXE

KMDA

LVLU

MDXH

NEUE

NEXN

NGMS

NSPR

OSPN

PowerShares Insured Municipal Bond Portfolio

REPX

REVG

SCOR

SDIG

SGHC

SILV

SLNG

SOHO

SPIR

TDCX

TLPH

TPVG

TRIN

UNFI

VBNK

VSCO

VSEC

XERS

YEXT

ZYME

Earnings Scheduled For March 6, 2024

Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-03-06. Here's what investors need to know before the announcement.
Analysts estimate that Korn Ferry will report an earnings per share (EPS) of $0.99. 
Korn Ferry bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.02, which was followed by a 4.24% increase in the share price the next day.
Here's a look at Korn Ferry's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.95</td>
<td>0.91</td>
<td>1.01</td>
<td>0.91</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.97</td>
<td>0.99</td>
<td>1.01</td>
<td>1.01</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>-0.0%</td>
<td>-1.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709658107_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Korn Ferry were trading at $66.14 as of March 04. Over the last 52-week period, shares are up 11.16%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/KFY/earnings">To track all earnings releases for Korn Ferry visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Korn Ferry

Truist Securities analyst Tobey Sommer maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Buy and raises the price target from $64 to $74.

Truist Securities Maintains Buy on Korn Ferry, Raises Price Target to $74

William Blair analyst Trevor Romeo upgrades Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) from Market Perform to Outperform.

Upgrades

William Blair Upgrades Korn Ferry to Outperform

Ratings for Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $57.5, a high estimate of $63.00, and a low estimate of $54.00. This current average reflects an increase of 1.77% from the previous average price target of $56.50. 
<img src="https://www.benzinga.com/files/images/story/2024/1709146836_0_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Korn Ferry. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joshua Chan</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$63.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Tobey Sommer</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$58.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Joshua Chan</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Joshua Chan</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$54.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Korn Ferry. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Korn Ferry compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Korn Ferry's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Korn Ferry's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/KFY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Korn Ferry analyst ratings.</a>
<h2>About Korn Ferry</h2>
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.
<h3>Korn Ferry's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Korn Ferry faced challenges, resulting in a decline of approximately -3.16% in revenue growth as of 31 October, 2023. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Korn Ferry's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -0.26%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Korn Ferry's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.11%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Korn Ferry's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.06%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Korn Ferry's debt-to-equity ratio is below the industry average at 0.33, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Korn Ferry Through 4 Analysts

UBS analyst Joshua Chan maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Neutral and raises the price target from $55 to $63.

UBS Maintains Neutral on Korn Ferry, Raises Price Target to $63

Truist Securities analyst Tobey Sommer maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Buy and lowers the price target from $64 to $58.

Truist Securities Maintains Buy on Korn Ferry, Lowers Price Target to $58

UBS analyst Joshua Chan maintains Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) with a Neutral and raises the price target from $54 to $55.

UBS Maintains Neutral on Korn Ferry, Raises Price Target to $55

Korn Ferry&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kfy#NYSE">KFY</a>) reported a second-quarter FY24 total revenue decline of 3.2% year-over-year to $712.45 million, beating the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/12/b36108761/korn-ferry-announces-second-quarter-fiscal-2024-results-of-operations" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">consensus of $687.22 million</a>.&nbsp;
Fee revenue was $704.00 million, a decrease of 3.3% Y/Y. Adjusted EPS of $0.97 beats the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/earnings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">estimate of $0.95</a>.
Operating income declined by 80.9% Y/Y to $22.8 million, with an operating margin of 3.2% versus 16.4% a year ago. Adjusted EBITDA was $98.5 million, with Adjusted EBITDA margin of 14.0% versus 18.0% the prior year.
The company exited the quarter with cash and equivalents worth $646.99 million. The company&#39;s long-term debt as of quarter-end totaled $396.57 million.
Dividend:&nbsp;On December 5, 2023, the company increased its regular quarterly cash dividend by 83% to $0.33 per share, which is payable on January 12, 2024, to stockholders of record on December 21, 2023.
CEO Gary D. Burnison said, &quot;In particular, our Consulting and Digital businesses now generate almost 40% of our top line, with Digital achieving all-time record revenue at constant currency during the quarter.&quot;
Q3 Outlook:&nbsp;Korn Ferry expects adjusted EPS of $0.96 - $1.02, versus&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/guidance" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">consensus of $0.89</a>&nbsp;and fee revenue of $645 million - $665 million.
Price Action:&nbsp;KFY shares are trading higher by 6.33% to $56.75 premarket on the last check Wednesday.

Mixed Fortunes for Korn Ferry: What's Behind Their Soaring Dividend Despite Falling Income?

On December 5, KFY Raised Quarterly Dividend Per Share By 83% To $0.33 From $0.18

Korn Ferry Expects Q3 FY24 Adjusted EPS Of $0.96 - $1.02; Consensus $0.89

Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) reported quarterly adjusted earnings of $0.97 per share which beat the analyst consensus estimate of $0.95 by 2.11 percent. This is a 32.17 percent decrease over earnings of $1.43 per share from the same period last year. The company reported quarterly sales of $712.45 million which beat the analyst consensus estimate of $686.78 million by 3.74 percent. This is a 3.16 percent decrease over sales of $735.72 million the same period last year.

Korn Ferry Q2 Adj. EPS $0.97 Beats $0.95 Estimate, Sales $712.45M Beat $686.78M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Ollie&#39;s Bargain Outlet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLLI#NASDAQ">OLLI</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $468.55 million.
&bull; Root (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>) is likely to report quarterly earnings at $0.02 per share on revenue of $64.69 million.
&bull; John Wiley &amp; Sons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLY#NYSE">WLY</a>) is projected to report quarterly earnings at $0.56 per share on revenue of $378.40 million.
&bull; Brown Forman Inc Class B Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $1.15 billion.
&bull; Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $123.09 million.
&bull; Campbell Soup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>) is likely to report quarterly earnings at $0.88 per share on revenue of $2.52 billion.
&bull; Lovesac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#NASDAQ">LOVE</a>) is projected to report quarterly loss at $0.30 per share on revenue of $153.81 million.
&bull; United Natural Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $7.62 billion.
&bull; Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $616.31 million.
&bull; Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) is likely to report quarterly earnings at $0.95 per share on revenue of $686.78 million.
&bull; Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) is estimated to report quarterly earnings at $1.05 per share on revenue of $2.53 billion.
&bull; MoneyHero (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNY#NASDAQ">MNY</a>) is expected to report earnings for its third quarter.
&bull; John Wiley &amp; Sons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLYB#NYSE">WLYB</a>) is projected to report earnings for its second quarter.
&bull; Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) is estimated to report earnings for its third quarter.
&bull; AstroNova (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALOT#NASDAQ">ALOT</a>) is expected to report earnings for its third quarter.
&bull; Brown Forman Inc Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is likely to report earnings for its second quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Alico (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALCO#NASDAQ">ALCO</a>) is likely to report quarterly loss at $0.34 per share on revenue of $700 thousand.
&bull; Star Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGU#NYSE">SGU</a>) is likely to report earnings for its fourth quarter.
&bull; Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $204.49 million.
&bull; GameStop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $1.18 billion.
&bull; DLH Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLHC#NASDAQ">DLHC</a>) is likely to report quarterly earnings at $0.13 per share on revenue of $103.00 million.
&bull; Greif (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEF#NYSE">GEF</a>) is estimated to report quarterly earnings at $1.29 per share on revenue of $1.34 billion.
&bull; ChargePoint Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) is likely to report quarterly loss at $0.22 per share on revenue of $122.41 million.
&bull; Argan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGX#NYSE">AGX</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $162.70 million.
&bull; Sportsman&#39;s Warehouse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWH#NASDAQ">SPWH</a>) is projected to report quarterly loss at $0.12 per share on revenue of $324.04 million.
&bull; Verint Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>) is estimated to report quarterly earnings at $0.57 per share on revenue of $215.90 million.
&bull; Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) is projected to report quarterly earnings at $0.95 per share on revenue of $324.65 million.
&bull; Amtech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASYS#NASDAQ">ASYS</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $34.50 million.
&bull; Couchbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) is expected to report quarterly loss at $0.18 per share on revenue of $43.10 million.
&bull; Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) is expected to report quarterly loss at $0.13 per share on revenue of $117.27 million.
&bull; Duckhorn Portfolio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAPA#NYSE">NAPA</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $103.14 million.
&bull; Veeva Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) is likely to report quarterly earnings at $1.30 per share on revenue of $615.82 million.
&bull; Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $180.41 million.
&bull; Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $2.76 billion.
&bull; Mach Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNR#NYSE">MNR</a>) is estimated to report earnings for its third quarter.
&bull; Lakeland Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAKE#NASDAQ">LAKE</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $30.90 million.
&bull; C3.ai (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) is expected to report quarterly loss at $0.18 per share on revenue of $74.33 million.
&bull; 17 Education &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YQ#NASDAQ">YQ</a>) is likely to report earnings for its third quarter.
&bull; Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is expected to report earnings for its second quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ALCO

ALOT

ASYS

BASE

BNED

BRZE

CHPT

CHWY

DLHC

LAKE

LOVE

NAPA

OLLI

ROOT

SMTC

SPWH

VEEV

VNCE

VRNT

WLYB

Earnings Scheduled For December 6, 2023

Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-12-06. Here's what investors need to know before the announcement.
Analysts estimate that Korn Ferry will report an earnings per share (EPS) of $0.95. 
Korn Ferry bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.08, which was followed by a 0.39% drop in the share price the next day.
Here's a look at Korn Ferry's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.91</td>
<td>1.01</td>
<td>0.91</td>
<td>1.41</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.99</td>
<td>1.01</td>
<td>1.01</td>
<td>1.43</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.39%</td>
<td>-1.33%</td>
<td>-2.68%</td>
<td>-0.02%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1701788423_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Korn Ferry were trading at $54.3 as of December 04. Over the last 52-week period, shares are down 1.46%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/KFY/earnings">To track all earnings releases for Korn Ferry visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: Korn Ferry

Within the last quarter, Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) has observed the following analyst ratings: 
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
These 4 analysts have an average price target of $57.5 versus the current price of Korn Ferry at $51.74, implying upside.
Below is a summary of how these 4 analysts rated Korn Ferry over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock
<img src="https://www.benzinga.com/files/images/story/2023/1701464413_0.png" alt="price target chart" />
This current average represents a 2.54% decrease from the previous average price target of $59.00. 
<a href="https://www.benzinga.com/quote/KFY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Korn Ferry analyst ratings.</a>
<h1>What Are Analyst Ratings?</h1>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

4 Analysts Have This to Say About Korn Ferry

Korn/Ferry Q3 2024 Earnings Preview

Korn/Ferry Non-GAAP EPS of $1.07 beats by $0.08, revenue of $676.9M beats by $18.99M

Korn Ferry Non-GAAP EPS of $1.07 beats by $0.08, revenue of $676.9M beats by $18.99M

Korn/Ferry declares $0.33 dividend

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Korn Ferry (NYSE:<a href="https://investorplace.com/stock-quotes/kfy-stock-quote/">KFY</a>) just reported results for the third quarter of 2024.<ul><li>Korn Ferry reported earnings per share of $1.07. This was above the analyst estimate for EPS of 99 cents.</li><li>The company reported revenue of $676.87 million.</li><li>This was 2.79% better than the analyst estimate for revenue of $658.50 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/03/kfy-stock-earnings-korn-ferry-for-q3-of-2024/">KFY Stock Earnings: Korn Ferry Beats EPS, Beats Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

KFY Stock Earnings: Korn Ferry Beats EPS, Beats Revenue for Q3 2024

Korn Ferry (KFY) Q3 2024 Earnings Call Transcript

Korn Ferry 2023 Q4 - Results - Earnings Call Presentation

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Press Releases

Matthew Espe Joins Korn Ferry's Board of Directors

Korn Ferry Named a Best Company for Working Parents by Seramount

Korn Ferry to Participate in Wells Fargo's 7th Annual TMT Summit

Korn Ferry to Report Quarterly Earnings via Live Webcast on December 6, 2023

Korn Ferry Earns Top Marks in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Korn Ferry Announces Second Quarter Fiscal 2024 Results of Operations

Korn Ferry Partners with Fortune on the World's Most Admired Companies List for 27th Year

Korn Ferry to Report Quarterly Earnings via Live Webcast on March 6, 2024

Korn Ferry to Participate in the Bank of America Securities Information and Business Services Conference 2024