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Korn/Ferry International Inc Q4 adjusted earnings Beat Estimates

Korn/Ferry International Inc (KFY) announced earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $41.2 million, or $0.73 per share. This compares with $26.9 million, or $0.47 per share, in last year's fourth quarter.

Excluding items, Korn/Ferry International Inc reported adjusted earnings of $45.6 million or $0.80 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.4% to $488.4 million from $419.6 million last year.

Korn/Ferry International Inc earnings at a glance:

-Earnings (Q4): $45.6 Mln. vs. $35.2 Mln. last year.
-EPS (Q4): $0.80 vs. $0.62 last year.
-Analysts Estimate: $0.70
-Revenue (Q4): $488.4 Mln vs. $419.6 Mln last year.

by RTTNews Staff Writer

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