Korn Ferry Guides Q1 Well Above Estimates - Quick Facts

While reporting financial results for the fourth quarter and full-year 2021 on Tuesday, consulting firm Korn Ferry (KFY) provided earnings and fee revenue guidance for the first quarter of fiscal 2022, well above analysts' estimates.

For the first quarter, the company projects earnings in a range of $1.04 to $1.14 per share on fee revenue between $535 million and $555 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.63 per share on revenues of $447.96 million for the quarter. Analysts' estimates typically exclude special items.

On Monday, the company declared a 20 percent higher quarterly dividend of $0.12 per share, payable on July 30, 2021 to stockholders of record on July 6, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC. The Laundress, a unit of Conopco Inc. d/b/a Unilever, is recalling around 8 million laundry and household cleaning products citing risk of exposure to bacteria, U.S. Consumer Product Safety Commission. The recall involves Laundress laundry detergent, fabric conditioner and other cleaning products. Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...
Follow RTT