Organizational consulting firm Korn Ferry will report its first-quarter earnings this Tuesday before the bell. The market expects revenue to grow 4.9% year on year, an improvement from the 2.8% increase recorded in the same quarter last year. Last quarter, Korn Ferry reported revenues of $725 million, up 7.2% year on year, beating analysts' revenue expectations but providing slightly lower revenue guidance for the next quarter. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, and Korn Ferry rarely misses Wall Street's revenue estimates. The stock is up 3.9% over the last month and heads into earnings with an average analyst price target of $79.25, compared to the current share price of $71.46.
Korn FerryKorn Ferry is reporting earnings; revenue expected to grow 4.9% but guidance was slightly lower last quarter.
