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Unveiling Korn/Ferry (KFY) Q4 Outlook: Wall Street Estimates for Key Metrics
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In its upcoming report, Korn/Ferry (KFY - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.13 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $685.5 million, representing a year-over-year decrease of 6.2%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Korn/Ferry metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Fee Revenue- Total executive search' should come in at $199.91 million. The estimate indicates a year-over-year change of -6%.
Analysts' assessment points toward 'Fee Revenue- Consulting' reaching $177.82 million. The estimate indicates a year-over-year change of +1.5%.
Analysts forecast 'Fee revenue' to reach $685.50 million. The estimate suggests a change of -6.2% year over year.
The consensus among analysts is that 'Fee Revenue- RPO and Professional Search' will reach $212.38 million. The estimate points to a change of -15.6% from the year-ago quarter.
Analysts predict that the 'Fee Revenue- Digital' will reach $95.41 million. The estimate indicates a change of +4.3% from the prior-year quarter.
Over the past month, shares of Korn/Ferry have returned -1.9% versus the Zacks S&P 500 composite's +3.3% change. Currently, KFY carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Unveiling Korn/Ferry (KFY) Q4 Outlook: Wall Street Estimates for Key Metrics
In its upcoming report, Korn/Ferry (KFY - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.13 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $685.5 million, representing a year-over-year decrease of 6.2%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Korn/Ferry metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Fee Revenue- Total executive search' should come in at $199.91 million. The estimate indicates a year-over-year change of -6%.
Analysts' assessment points toward 'Fee Revenue- Consulting' reaching $177.82 million. The estimate indicates a year-over-year change of +1.5%.
Analysts forecast 'Fee revenue' to reach $685.50 million. The estimate suggests a change of -6.2% year over year.
The consensus among analysts is that 'Fee Revenue- RPO and Professional Search' will reach $212.38 million. The estimate points to a change of -15.6% from the year-ago quarter.
Analysts predict that the 'Fee Revenue- Digital' will reach $95.41 million. The estimate indicates a change of +4.3% from the prior-year quarter.
View all Key Company Metrics for Korn/Ferry here>>>
Over the past month, shares of Korn/Ferry have returned -1.9% versus the Zacks S&P 500 composite's +3.3% change. Currently, KFY carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>