Korn FerryKorn Ferry reported Q2 revenues up 6.9% YoY, 2.3% above expectations, and scored the highest guidance raise among peers.
Korn Ferry reported fiscal second-quarter revenues of $764.6 million, up 6.9% year on year and 2.3% above analysts' expectations, scoring the highest guidance raise among its professional staffing and HR solutions peers. Across the 8 professional staffing and HR solutions stocks tracked, group revenues beat consensus estimates by 2.3% and next-quarter revenue guidance came in 3.9% above expectations, though share prices in the group are down 6.3% on average since the latest earnings results. ManpowerGroup posted the strongest quarter, with revenues of $4.86 billion, up 7.5% year on year and 2.9% above expectations, and its stock is up 46% since reporting, trading at $56.96. Barrett Business Services delivered the weakest performance against analyst estimates, with revenues of $319.3 million, up 3.8% year on year and in line with expectations, alongside a significant miss on EPS, sending its stock down 21.2% to $31.61. Alight reported revenues of $511 million, down 3.2% year on year but 2.8% above expectations, and logged the group's weakest guidance update, with its stock down 33.3% at $11.46, while First Advantage reported revenues of $448.8 million, up 14.9% year on year and 8.2% above expectations, delivering the biggest estimate beat, fastest revenue growth, and highest full-year guidance raise of the group. Korn Ferry's stock is down 12.3% since reporting and currently trades at $71.97.
Korn FerryKorn Ferry reported Q2 revenues up 6.9% YoY, 2.3% above expectations, and scored the highest guidance raise among peers.
Barrett Business Services IncBarrett Business Services missed on EPS significantly, sending its stock down 21.2% to $31.61.
First Advantage CorpFirst Advantage delivered the biggest estimate beat, fastest revenue growth, and highest full-year guidance raise of the group.
ManpowerGroup IncManpowerGroup posted the strongest quarter with revenues up 7.5% YoY and 2.9% above expectations, its stock up 46% since reporting.
ManpowerGroup Greater China Ltd
Alight IncAlight logged the group's weakest guidance update and its stock is down 33.3% at $11.46.
Central Holding Group Co Ltd