Korn Ferry (KFY) 4Q20 Earnings Preview

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Korn Ferry (NYSE:KFY) is set to announce fourth quarter earning results on Thursday 2nd July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, KFY to report 4Q20 income of $ 0.39 per share.

For the full year, analysts anticipate top line of $ 1917.20 million, while looking forward to income of $ 2.74 per share bottom line.

Stock Performance

According to the previous trading day, closing price of KFY was $ 30.37, representing a 41.59 % increase from the 52 week low of $ 21.45 and a 30.96 % decrease over the 52 week high of $ 43.99.

The company has a market capital of $ 1.67 billion and is part of the Industrials sector and Staffing & Outsourcing Services industry.

Recent Analyst recommendations

On 21st May 2020, upgraded by Credit Suisse Group to Neutral from Underperform rating

On 18th May 2020, maintained by Sidoti at Buy rating, with $ 36.00 target price.

Conference Call

Korn Ferry will be hosting a conference call at 12:00 PM eastern time on 2nd July 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website ir.kornferry.com/events-and-presentations

Korn Ferry, together with its subsidiaries, provides talent management solutions worldwide. It operates through three segments: Executive Search, Advisory, and RPO (Recruitment Process Outsourcing) & Professional Search. The company provides executive search services to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers, chief human resource officers, and other senior executive officers for clients in the industrial, financial services, life sciences/healthcare provider, consumer, technology, and educational/not-for-profit market sectors.