Korn/Ferry International (KFY) - NYSE
  • Thu, Jun. 16, 10:44 AM
    • Korn/Ferry (KFY -18.5%) slumps after Baird downgrades shares to Neutral from Outperform
    • The investment warns that a weak macro environment will cut into Korn/Ferry's results.
    • Shares of KFY hit a 52-week low of $21.92 earlier.
    | Thu, Jun. 16, 10:44 AM
  • Thu, Jun. 16, 9:17 AM
    | Thu, Jun. 16, 9:17 AM | 5 Comments
  • Wed, Jun. 15, 4:09 PM
    • Korn/Ferry (NYSE:KFY): FQ4 EPS of $0.58 beats by $0.04.
    • Revenue of $417.1M (+47.8% Y/Y) beats by $29.36M.
    • Shares +0.4%.
    • Press Release
    | Wed, Jun. 15, 4:09 PM
  • Wed, Mar. 9, 7:49 AM
    • Korn/Ferry (NYSE:KFY) reports Fee revenue rose 14% on a constant currency basis in FQ3.
    • Fee revenue break-up: Executive recruitment: $154.65M (+8%); Hay group: $140.51M (+118%); Futurestep: $50M (+17%).
    • Adjusted EBITDA margin decreased 210 bps to 13.6%.
    • The company completed the acquisition of Hay Group on December 1, 2015.
    • FQ4 Guidance: Adjusted Fee revenue: $385M to $405M; Fee revenue: $379M to $399M; Hay group revenue: ~115M to ~119M; Adjusted EBITDA margin: 16% to 17%; Diluted EPS: $0.11 to $0.26; Adjusted EPS: $0.50 to $0.58.
    | Wed, Mar. 9, 7:49 AM
  • Wed, Mar. 9, 7:20 AM
    • Korn/Ferry (NYSE:KFY) declares $0.10/share quarterly dividend, in line with previous.
    • Forward yield 1.46%
    • Payable April 15; for shareholders of record March 25; ex-div March 23.
    | Wed, Mar. 9, 7:20 AM
  • Wed, Mar. 9, 7:09 AM
    • Korn/Ferry (NYSE:KFY): FQ3 EPS of $0.52 in-line.
    • Revenue of $358.88M (+38.6% Y/Y) beats by $4.39M.
    • Press Release
    | Wed, Mar. 9, 7:09 AM
  • Tue, Mar. 8, 5:30 PM
    | Tue, Mar. 8, 5:30 PM | 1 Comment
  • Dec. 9, 2015, 7:38 AM
    • Korn/Ferry (NYSE:KFY) reports Fee revenue rose 16.2% on a constant currency basis in FQ2.
    • Fee revenue break-up: Executive recruitment: $156.47M (+5%); Leadership & talent consulting: $73.60M (+11%); Futurestep: $50.53M (+25%).
    • Operating margin rate dropped 320 bps to 10.3% due to increase in compensation and benefit expenses and general and administrative expenses.
    • Adjusted EBITDA margin declined 80 bps to 16.4%.
    • FQ3 Guidance: Fee revenue: $336M to $352M; Adjusted fee revenue: $343M to $359M; Adjusted EPS: $0.48 to $0.56.
    | Dec. 9, 2015, 7:38 AM
  • Dec. 9, 2015, 7:08 AM
    • Korn/Ferry (NYSE:KFY): FQ2 EPS of $0.51 misses by $0.01.
    • Revenue of $280.6M (+9.7% Y/Y) beats by $2.89M.
    | Dec. 9, 2015, 7:08 AM
  • Dec. 8, 2015, 5:30 PM
  • Oct. 2, 2015, 9:04 AM
    • A soft read on the job market from the Labor Department could impact the  staffing stocks sector.
    • Nonfarm payrolls missed by a wide margin the estimate for September and the tally was revised lower for August. Staffing stocks have performed better in the past when the job participation rate improved.
    • On watch: KFRC, MAN, RHI, ASGN, DHX, KELYA, MWW, BBSI, AHS, TBI, KFY, HSON.
    | Oct. 2, 2015, 9:04 AM | 1 Comment
  • Sep. 24, 2015, 10:36 AM
    • Select staffing stocks are running higher than market averages following the better-than-expected report on jobless claims.
    • Gainers: Korn/Ferry International (NYSE:KFY) +3.8%, Cross Country Healthcare (NASDAQ:CCRN) +1.4%, DHI Group (NYSE:DHX) +1.7%, SFN Group (NYSE:FN) +1.0%, Barrett Business Services (NASDAQ:BBSI) +0.9%.
    | Sep. 24, 2015, 10:36 AM
  • Sep. 24, 2015, 7:40 AM
    • Korn/Fery (NYSE:KFY) agrees to acquire human resources consultancy Hay Group for ~$452M in cash and stock.
    • The acquisition would split KFY's focus evenly between recruiting and human capital management, offering clients help with organizational design, compensation and leadership development, in addition to hiring.
    • KFY says it is targeting annual cost synergies of at least $20M within a year of the deal’s closing, and that layoffs may be ahead for support staff in functions such as finance and IT.
    | Sep. 24, 2015, 7:40 AM
  • Sep. 8, 2015, 4:09 PM
    • Korn/Ferry (NYSE:KFY): FQ1 EPS of $0.47 beats by $0.01.
    • Revenue of $279.33M (+11.2% Y/Y) beats by $9.63M.
    | Sep. 8, 2015, 4:09 PM
  • Sep. 7, 2015, 5:35 PM
    | Sep. 7, 2015, 5:35 PM | 6 Comments
  • Jun. 12, 2015, 3:23 PM
    • The company last night reported adjusted FQ4 EPS of $0.51 per share vs. $0.43 one year ago, with EBITDA of $40.7M vs. $34.5M, and EBITDA margin of 15% vs. 13.7%.
    • Executive recruitment fee revenue rose 12.1% Y/Y on a constant currency basis. Leadership & Talent Consulting revenue grew 14.5% on a constant currency basis.
    • The major headwind at this point looks to be the strong dollar, with the company expecting FQ1 EPS of $0.44-$0.50.
    • More good omens: Bloomberg's Nicole Sinclair notes North American executive search levels rose 10% from a year year ago, with financial services up 17%. The company also had more "upticks" than usual, meaning payouts to individuals were at higher-than-anticipated levels for the position.
    • KFY +2.15% on the session, and up nearly 50% over the last eight months.
    | Jun. 12, 2015, 3:23 PM
Company Description
Korn/Ferry International provides talent management solutions. It operates through three segments: Executive Recruitment, Leadership and Talent Consulting, and Futurestep. The Executive Recruitment segment focuses on recruiting executive-level positions. The Leadership and Talent Consulting... More
Sector: Services
Industry: Staffing & Outsourcing Services
Country: United States