Korn Ferry Q1 revenue beats estimates on Search and Workforce Solutions growth
KFY•Second-quarter outlook
Korn Ferry expects second-quarter fiscal 2027 fee revenue between $860 million and $878 million.
The company sees second-quarter fiscal 2027 adjusted EBITDA margin between 16.8% and 17.2%, and adjusted diluted EPS between $1.30 and $1.40.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the employment services peer group is "buy".
Wall Street's median 12-month price target for Korn Ferry is $84.50, about 3% below its Sept. 8 closing price of $82.04.
The stock recently traded at 14 times the next 12-month earnings versus a P/E of 12 three months ago.
Q1 revenue and EPS beat estimates
Korn Ferry said fiscal first-quarter revenue rose 7%, beating analyst expectations, while adjusted EPS also beat analyst expectations.
Key Details:
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q1 Revenue | Beat | $764.60 mln | $739.43 mln (5 Analysts) |
| Q1 Adjusted EPS | Beat | $1.43 | $1.36 (5 Analysts) |
| Q1 EPS | $1.32 | ||
| Q1 Basic EPS | $1.35 | ||
| Q1 Fee Revenue | $756.50 mln |
