Korn Ferry Announces First Quarter Fiscal 2020 Results of Operations

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Korn/Ferry International (KFY) Reports In-Line Q1 EPS, Revenues Beat; Offers Q2 EPS Guidance Below Consensus, Q2 Revenue Mid-Point Views Below Consensus

September 5, 2019 4:10 PM EDT

Korn/Ferry International (NYSE: KFY) reported Q1 EPS of $0.76, in-line with the analyst estimate of $0.76. Revenue for the quarter came in at $496.2 million versus the consensus estimate of $475.34 million.

Korn Ferry reports fee revenue of $484.5 million in Q1 FY'20, an increase of 4% (7% at constant currency) from Q1 FY'19.Net income attributable to Korn Ferry was $43.0 million in Q1 FY'20.Operating income was $60.3 million in Q1 FY'20 with an operating margin of 12.5%. EBITDA was $74.9 million with EBITDA margin of... More