Korn Ferry (NYSE:KFY) is reporting second quarter financial results on Monday 23rd November 2020, before market open.
According to analysts surveyed by Thomson Reuters, KFY is expected to report 2Q21 income of $ 0.05 per share from revenue of $ 376.14 million.
For the full year, analysts anticipate top line of $ 1529.68 million, while looking forward to income of $ 0.27 per share bottom line.
Previous Quarter Performance
Korn Ferry reported loss for the first quarter of $ 0.19 per share, from the revenue of $ 346.88 million. The quarterly revenues fell 30.09 percent compared with the same quarter last year. According to street consensus, KFY was expected to report 1Q21 income of $ 0.08 per share from revenue of $ 361.98 million. The bottom line results missed street analysts by $ 0.27 or 337.5 percent, at the same time, top line results fell short of analysts by $ 15.1 million or 4.17 percent.
Stock Performance
Shares of Korn Ferry traded low $ -0.44 or -1.14 percent on Friday, reaching $ 38.25 with volume of 390.20 thousand shares. Korn Ferry has traded high as $ 38.61 and has cracked $ 37.86 on the downward trend
According to the previous trading day, closing price of $ 38.25, representing a 80.37 % increase from the 52 week low of $ 21.45 and a 12.05 % decrease over the 52 week high of $ 43.99.
The company has a market capital of $ 2.10 billion and is part of the Industrials sector and Staffing & Outsourcing Services industry.
Conference Call
Korn Ferry will be hosting a conference call at 12:00 PM eastern time on 23rd November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kornferry.com
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.
