Korn Ferry shares slip despite earnings beat as Q2 EPS guidance misses estimates

  • Korn Ferry reported fiscal 2027 first-quarter results above Wall Street earnings and revenue estimates.
  • Second-quarter adjusted EPS guidance was $1.30-$1.40, below the $1.45 analyst estimate.
  • Korn Ferry shares fell 1.83% to $80.54 at Wednesday publication, according to Benzinga Pro.

Korn Ferry shares fell after the consulting firm exceeded first-quarter fiscal 2027 expectations for adjusted earnings and revenue but issued weaker-than-expected second-quarter adjusted EPS guidance. Adjusted EPS was $1.43 versus the $1.36 estimate, while GAAP diluted EPS rose 5% year over year to $1.32. Revenue increased 6.9% to $764.622 million, above the $739.430 million estimate, and fee revenue rose 7% to $756.5 million for a sixth straight quarter of top-line growth. Korn Ferry forecast second-quarter adjusted EPS of $1.30-$1.40, below the $1.45 estimate. The outlook includes two months of AMS, acquired Sept. 1, and projects fee revenue of $860 million to $878 million with an adjusted EBITDA margin of 16.8% to 17.2%. Shares were down 1.83% at $80.54 at publication, according to Benzinga Pro data.

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