Korn Ferry Guides Q1 Well Above Estimates - Quick Facts

(RTTNews) - While reporting financial results for the fourth quarter and full-year 2021 on Tuesday, consulting firm Korn Ferry (KFY) provided earnings and fee revenue guidance for the first quarter of fiscal 2022, well above analysts' estimates.

For the first quarter, the company projects earnings in a range of $1.04 to $1.14 per share on fee revenue between $535 million and $555 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.63 per share on revenues of $447.96 million for the quarter. Analysts' estimates typically exclude special items.

On Monday, the company declared a 20 percent higher quarterly dividend of $0.12 per share, payable on July 30, 2021 to stockholders of record on July 6, 2021.