10:26 AM EDT, 06/18/2025 (MT Newswires) -- Korn Ferry ( KFY ) shares surged intraday Wednesday as its fourth-quarter results surpassed analysts' expectations, while the consulting firm forecast first-quarter earnings growth on an annual basis at the mid point of its guidance range.

Adjusted per-share earnings rose to $1.32 for the quarter ended April 30 from $1.26 a year earlier, exceeding the consensus on FactSet for a flat print annually. Total revenue rose to $719.8 million from $699.9 million, while analysts expected a decline to $689.9 million.

Fee revenue grew 3% to $712 million, driven by executive search that climbed 14% year on year to $227 million. Consulting fee dropped 7%.

Shares of the company were up 13% in Wednesday trade.

Korn Ferry ( KFY ) expects adjusted EPS of $1.18 to $1.26 for the first quarter of fiscal 2026. Analysts are looking for $1.20. It is guiding fee revenue in the range of $675 million to $695 million.

The company previously reported adjusted EPS of $1.18 for the year-earlier period, with fee revenue of $674.9 million.

The guidance assumes that geopolitical and economic conditions "remain steady," the company said.

Price: 74.79, Change: +8.02, Percent Change: +12.02