Korn Ferry's Upcoming Earnings Report
Korn Ferry (KFY) is scheduled to release its first-quarter earnings results before the market opens on Thursday, September 5th. Analysts anticipate the company to report earnings of $1.12 per share, exceeding the $0.99 per share reported in the same quarter last year. Additionally, Korn Ferry is projected to report quarterly revenue of $663.94 million, according to data from Benzinga Pro.
In June, Korn Ferry reported a 5.2% year-over-year decline in fourth-quarter revenue, reaching $699.9 million. However, this figure surpassed the consensus estimate of $689.92 million.
On Wednesday, KFY shares closed at $71.29, representing a 0.1% increase.
Analyst Ratings and Price Targets
Benzinga provides access to the latest analyst ratings on its Analyst Stock Ratings page. Users can filter by stock ticker, company name, analyst firm, rating change, and other variables.
Truist Securities: Analyst Tobey Sommer reiterated a Buy rating and raised the price target from $74 to $78 on June 14th. This analyst has an accuracy rate of 81%.
Analyst Mark Marcon maintained an Outperform rating and increased the price target from $72 to $79 on June 14th. This analyst has an accuracy rate of 69%.
Analyst Joshua Chan maintained a Neutral rating and lifted the price target from $66 to $68 on June 7th. This analyst has an accuracy rate of 69%.
Additional Resources
For further information on energy stocks with high dividend yields, Benzinga recommends checking out the article "Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields.