Korn/Ferry International (KFY) reported first quarter net income of $0.24 per share Thursday morning, compared to the loss of $0.33 in the prior year period. The consensus estimate was for EPS of $0.20. The company expects to report second quarter EPS of $0.20 to $0.27, compared to the consensus estimate of $0.21.
Korn/Ferry International gapped up Thursday and spiked higher in early trade. Shares are currently up 1.03 at $15.97. The stock has risen to a 2 1/2 month high and has re-crossed its 200-day moving average.
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