Organizational consulting services firm Korn Ferry (KFY) is set to release its Q3 financial results on Tuesday, March 11, 2025, with Wall Street analysts estimating earnings of $1.13 per share and revenue of $650.45 million for the quarter.
In the prior year period…
The company reported a net income of $59.1 million or $1.13 per share on a total revenue of $668.7 million.
Q3 Guidance
The company expects fee revenue in the third quarter of fiscal '25 to range from $635 million to $665 million. The adjusted EBITDA margin is expected to remain about 16.5% - 17.3%, and consolidated adjusted EPS to range from $1.06 to $1.18.
Strategic Plan Execution
Korn Ferry continues to execute its strategic plan, leveraging its distinctive solutions while emphasizing cost efficiency and operational productivity. This approach has significantly enhanced the company's ability to invest and grow in the future.
Capital Deployment and Shareholder Returns
By the end of the second quarter of fiscal '25, the company allocated $129 million in cash, investing $25 million in capital expenditures, dedicating $9 million to debt service, and returning $95 million to shareholders—$39 million in dividends and $56 million in repurchasing about 808,000 shares.
Share Price Activity
The stock, KFY is currently trading at $65.21, down 57 cents or
0.87%, with a trading volume of over 24K shares compared to the average volume
of $342K shares. The stock has been trading between $59.78 and $80.64 for the
past 1 year.
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