Korn Ferry Announces Third Quarter Fiscal 2021 Results of Operations

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Korn Ferry (KFY) Tops Q3 EPS by 44c, Revenues Beat; Offers 4Q EPS/Revenue Guidance Above Consensus

February 22, 2021 6:50 AM EST

Korn Ferry (NYSE: KFY) reported Q3 EPS of $0.94, $0.44 better than the analyst estimate of $0.50. Revenue for the quarter came in at $477.9 million versus the consensus estimate of $424.25 million.

GUIDANCE:

Korn Ferry sees Q4 2021 EPS of $0.95-$1.05, versus the consensus of $0.54. Korn Ferry sees Q4 2021 revenue of $475-500 million, versus the consensus of $434.77 million.

FY21 Third Quarter Highlights

Fee revenue of $475.4 million in Q3 FY21, a sequential increase of 9% from Q2 FY21.Record net income attributable to Korn Ferry of $51.3 million in Q3 FY21.Operating... More