Korn/Ferry: Fiscal Q1 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Korn/Ferry International (KFY) on Thursday reported profit of $46.6 million in its fiscal first quarter.
The Los Angeles-based company said it had net income of 89 cents per share. Earnings, adjusted for one-time gains and costs, were 99 cents per share.
The staffing company posted revenue of $706.3 million in the period. Its adjusted revenue was $699.2 million.
For the current quarter ending in October, Korn/Ferry expects its per-share earnings to range from 91 cents to $1.01. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.53.
The company said it expects revenue in the range of $675 million to $695 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $695.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KFY at https://www.zacks.com/ap/KFY
