Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Korn/Ferry (KFY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Korn/Ferry is one of 316 individual stocks in the Business Services sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 differe ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

Have you been paying attention to shares of Korn/Ferry (KFY) ? Shares have been on the move with the stock up 0.5% over the past month. The stock hit a new 52-week high of $70.78 in the previous session. Korn/Ferry has gained 12.4% since the start of the year compared to the 5.2% move for the Zacks Business Services sector and the -15.6% return for the Zacks Staffing Firms industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...

Luis Alvarez Investment action I recommended a hold rating for Korn Ferry (NYSE:KFY) when I wrote about it on 22 March this year, as I wanted to have more clarity on the Fed’s position on cutting rates in 2024. Based on my current outlook and analysis, I continue to recommend a hold rating. My key update to my thesis is that I no longer believe KFY is going to see growth recovery in FY25 as rates are likely to stay higher for longer, and this will continue to put pressure on hiring. Large companies cont ...

财务数据和关键指标变化 - 第四季度营业收入达6.91亿美元,接近上限 [18] - 调整后EBITDA达1.12亿美元,同比增长15%,环比增长10%,EBITDA利润率达16.3% [32] - 调整后每股收益为1.26美元,同比增长25%,环比增长18% [33] - 第四季度税率为24.6%,每股收益增加0.04-0.05美元 [33] - 可投资现金余额达6.06亿美元,环比增加1.1亿美元 [33] 各条业务线数据和关键指标变化 - 咨询业务收入同比增长4%,达1.82亿美元,创历史新高 [38] - 咨询业务平均计费率同比增长12%,达每小时437美元 [21] - 咨询业务EBITDA利润率同比增长380个基点,环比增长110个基点 [38] - 专业搜寻和临时人才业务收入同比下降15%,达1.29亿美元 [40] - 临时人才业务收入同比下降18%,达7300万美元,但平均计费率同比增长4%至每小时129美元 [40][41] - 专业搜寻和永久性招聘业务收入同比下降11%,但环比增长8%,达5600万美元 [42] - 招聘流程外包业务收入同比下降10%,环比增长10%,达8900万美元 [43] - 高管搜寻业务收入同比下降7%,达1.99亿美元,但过去4个季度保持在2亿美元附近 [45] 各个市场数据和关键指标变化 - 北美咨询业务新业务同比增长5% [39] - 全球新业务总体同比下降2%,其中咨询和数字业务保持稳定,高管搜寻业务小幅增长,专业搜寻和临时人才业务下降12% [30] 公司战略和发展方向及行业竞争 - 公司正在向更加综合性的组织咨询公司转型,通过整合各业务线为客户提供更加全面的解决方案 [9][11][15] - 重点发展咨询和数字业务,这两个业务线在过去一年创下历史新高 [19][20] - 正在加强跨业务线的协同,跨业务线推荐收入占总收入的26%,呈现快速增长 [14][23][52] - 正在投资发展数字业务,包括打造统一的交付平台,拓展大型订阅和许可交易 [53] - 正在培养"下一代"综合型咨询师,能够为客户提供公司全方位的资源 [54] - 看好未来3-5年由于人口老龄化导致的人才短缺问题,认为临时人才业务有很大发展空间 [76][77][78] 管理层对经营环境和未来前景的评论 - 当前经济环境充满矛盾和不确定性,但公司将专注于可控因素,在维持盈利能力的同时适时进行投资 [54][55] - 预计第一季度营收将同比下降5-6%,EBITDA利润率维持在15.8%-16.2% [50] - 相信公司的最佳时刻还在未来,对长期发展前景充满信心 [55] 问答环节重要的提问和回答 问题1 **George Tong 提问** 询问公司在人才招聘业务中看到的周期性变化趋势 [58] **Gary Burnison 回答** 公司看到RPO业务有所改善,专业搜寻业务也有顺序改善,但整体人才招聘市场仍处于下行周期,预计短期内不会有大的变化 [59][60][61] 问题2 **Mark Marcon 提问** 询问公司在跨业务线协同方面的进展及未来目标 [67] **Gary Burnison 回答** 公司在跨业务线协同方面仍处于起步阶段,未来3-5年内有很大提升空间,目标是将跨业务线推荐收入提高至35%左右 [70][71][72][73] 问题3 **Jack Wilson 提问** 询问公司在使用人工智能方面的计划 [96] **Gary Burnison 回答** 公司正在谨慎评估人工智能的应用,主要考虑伦理风险,目前仅在少数解决方案中使用,未来会更多地利用人工智能提高效率 [97][98]

Korn/Ferry (KFY) reported $690.8 million in revenue for the quarter ended April 2024, representing a year-over-year decline of 5.5%. EPS of $1.26 for the same period compares to $1.01 a year ago.The reported revenue represents a surprise of +0.77% over the Zacks Consensus Estimate of $685.5 million. With the consensus EPS estimate being $1.13, the EPS surprise was +11.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Korn/Ferry (KFY) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.50%. A quarter ago, it was expected that this staffing company would post earnings of $0.99 per share when it actually produced earnings of $1.07, delivering a surprise of 8.08%.Over the last four quarters, the compan ...

Exhibit 99.1 Contacts: FOR IMMEDIATE RELEASE Investor Relations: Tiffany Louder, (214) 310-8407 Media: Dan Gugler, (310) 226-2645 Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations Fourth Quarter and Full Year Highlights ▪ Korn Ferry reports Q4 FY'24 fee revenue of $690.8 million, a year-over-year decrease of 5% in both actual and constant currency and full year FY'24 fee revenue of $2,762.7 million, a year-over-year decrease of 3% in both actual and constant currency. ▪ Our full ...

In its upcoming report, Korn/Ferry (KFY) is predicted by Wall Street analysts to post quarterly earnings of $1.13 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $685.5 million, representing a year-over-year decrease of 6.2%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...