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Korn Ferry's Fiscal Q4 Adjusted Earnings Rise, Revenue Falls; Quarterly Dividend Increased
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Korn Ferry's Fiscal Q4 Adjusted Earnings Rise, Revenue Falls; Quarterly Dividend Increased
Jun 13, 2024 4:39 AM

07:28 AM EDT, 06/13/2024 (MT Newswires) -- Korn Ferry ( KFY ) reported fiscal Q4 adjusted earnings Thursday of $1.26 per diluted share, up from $1.01 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Revenue for the quarter ended April 30 was $699.9 million, down from $738.1 million a year earlier.

Analysts surveyed by Capital IQ expected $687.4 million.

The company said it expects fiscal Q1 adjusted earnings of $1.07 to $1.17 per diluted share. Analysts polled by Capital IQ expect $1.06.

Additionally, the company said it has increased its regular quarterly dividend to $0.37 per share from $0.33, payable July 31 to stockholders of record on July 3.

Korn Ferry's ( KFY ) shares were up 5% in recent premarket activity on Thursday.

Price: 65.90, Change: +2.49, Percent Change: +3.93

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