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Image Shown: Korn Ferry, an idea in our Best Ideas Newsletter portfolio, reported a strong earnings report on December 8. Image Source: Korn Ferry – Second Quarter of Fiscal 2022 IR Earnings Presentation By Callum Turcan On December 8, the consulting firm Korn Ferry (KFY) reported second-quarter earnings for fiscal 2022 (period ended October 31, 2021) that beat both consensus top- and bottom-line estimates. Strength was seen across the board at its ‘Consulting,’ ‘Digital,’ ‘Executive Search,’ and ‘RPO and Professional Search’ business operating segments which all reported nice fee revenue growth and non-GAAP adjusted EBITDA margin expansion. Please note that RPO stands for recruitment process outsourcing. The company issued guidance for the fiscal third quarter within its latest earnings update … Read more

Image Shown: Shares of Korn Ferry have surged higher year-to-date, and we see room for additional capital appreciation upside. We added shares of Korn Ferry as an idea to our Best Ideas Newsletter portfolio back in January 2021 and continue to be huge fans of the name. The top end of our fair value estimate range sits at $104 per share of Korn Ferry. By Callum Turcan Organizational consulting firm Korn Ferry (KFY) posted results for its first quarter of fiscal 2022 (period ended July 31, 2021) on September 8 that smashed past consensus top- and bottom-line estimates. Korn Ferry commented in the earnings press release that it had generated record quarterly fee revenue, the source of the lion’s share … Read more

Image Shown: Korn Ferry posted record fee revenue and diluted EPS performance in the final quarter of fiscal 2021 as its business continued to recover. We include Korn Ferry as an idea in our Best Ideas Newsletter portfolio and continue to be huge fans of the name. Image Source: Korn Ferry – Fourth Quarter of Fiscal 2021 IR Earnings Presentation By Callum Turcan On June 22, the global organizational consulting firm Korn Ferry reported fourth quarter earnings for fiscal 2021 (period ended April 30, 2021) that beat both consensus top- and bottom-line estimates. Shares of KFY surged higher by almost 10% during the normal trading session on June 22 as management provided promising near-term guidance in conjunction with the earnings … Read more

Image Shown: Korn Ferry’s revenue generation mix across business operating segments, geographies, and industries as of the third quarter of fiscal 2021. Image Source: Korn Ferry – Third Quarter of Fiscal 2021 Earnings IR Presentation By Callum Turcan The management consulting firm Korn Ferry (KFY) was added to the Best Ideas Newsletter portfolio on January 12, 2021 (link here) after the firm registered a 9 on the Valuentum Buying Index (‘VBI’). Shares of KFY have increased by 31% since then versus an 11% gain for the S&P 500 (SPY) as of the end of normal trading hours on June 18. The top end of our fair value estimate range sits $79 per share of KFY, well above where shares of … Read more

Image Shown: Korn Ferry’s stock has surged since it registered a 9 on the Valuentum Buying Index. The company is also included as a holding in the Best Ideas Newsletter portfolio. Brian Nelson, CFA During the trading session Monday, February 22, Best Ideas Newsletter portfolio holding and 9-rated on the Valuentum Buying Index, Korn Ferry (KFY) jumped nearly 9% thanks to better-than-expected fiscal third-quarter 2021 results. Korn Ferry’s fee revenue advanced 9% on a sequential basis as the global consulting firm hauled in record operating income of $65.2 million, record adjusted EBITDA of $96.7 million, and record net income of $51.3 billion during the three months ended January 31, 2021. Here’s what CEO Gary D. Burnison had to say in … Read more