Korn Ferry (NYSE:KFY) released its quarterly earnings results on Sunday. The business services provider reported $0.95 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.44, MarketWatch Earnings reports. The business had revenue of $475.40 million during the quarter, compared to analyst estimates of $423.00 million. Korn Ferry had a net margin of 0.92% and a return on equity of 7.52%. The company’s quarterly revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share.
NYSE KFY traded up $1.30 during trading hours on Tuesday, hitting $62.86. 18,211 shares of the company’s stock were exchanged, compared to its average volume of 347,016. The business’s 50 day moving average is $49.92 and its 200-day moving average is $38.36. Korn Ferry has a 12-month low of $21.45 and a 12-month high of $62.09. The firm has a market capitalization of $3.39 billion, a P/E ratio of 224.59 and a beta of 1.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.09 and a current ratio of 2.09.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 15th. Stockholders of record on Wednesday, March 10th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, March 9th. This represents a $0.40 annualized dividend and a dividend yield of 0.64%. Korn Ferry’s dividend payout ratio is currently 13.75%.
Korn Ferry Company Profile
Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, 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.
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