Overview

* Korn Ferry ( KFY ) fiscal Q1 fee revenue grows 5% yr/yr to $708.6 mln

* Adjusted EPS for fiscal Q1 beats analyst expectations, per LSEG data

* Co repurchased 145,770 shares for $9.9 mln during the quarter

Outlook

* Korn Ferry ( KFY ) expects Q2 FY26 fee revenue between $690 mln and $710 mln

* Company projects Q2 FY26 diluted EPS between $1.10 and $1.16

* Korn Ferry ( KFY ) anticipates Q2 FY26 adjusted diluted EPS from $1.23 to $1.33

Result Drivers

* PROFESSIONAL SEARCH & INTERIM - Fee revenue rose 10% due to higher interim fee revenue from the acquisition of Trilogy International

* EXECUTIVE SEARCH - Fee revenue increased 8% driven by more engagements billed, with growth in EMEA, North America, and APAC

* CONSULTING - Fee revenue up 1% due to a 9% increase in average bill rates, despite slower client consumption of backlog engagements

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $715.50 $689.20

Revenue mln mln (5

Analysts

)

Q1 Beat $1.31 $1.24 (5

Adjusted Analysts

EPS )

Q1 EPS $1.26

Q1 Basic $1.28

EPS

Q1 Fee $708.60

Revenue mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the employment services peer group is "buy"

* Wall Street's median 12-month price target for Korn Ferry ( KFY ) is $84.50, about 14.2% above its September 8 closing price of $72.51

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)