Korn Ferry Reports Q1 Earnings Beat but Issues Lower-than-Expected Q2 Guidance
Korn Ferry (NYSE:KFY) reported first-quarter fiscal 2027 earnings and fee revenue that exceeded analyst expectations. The firm posted adjusted EPS of $1.43, surpassing the consensus estimate of $1.36, while fee revenue rose to $756.5 million from $736.76 million expected. Despite strong Q1 results, Korn Ferry's guidance for second-quarter fiscal 2027 adjusted EPS came in below analyst forecasts at a midpoint of $1.35 versus an estimated $1.48. The company also expects fee revenue between $860 million and $878 million with an EBITDA margin range of 16.8% to 17.2%. These figures include results from the recently acquired AMS business. Korn Ferry's CEO, Gary D. Burnison, highlighted six consecutive quarters of top-line growth across all regions, including double-digit increases in Search and Workforce Solutions segments.
Tickers: $KFY
Topics: earnings fee revenue growth guidance stock performance