Korn Ferry reports Q4 adjusted EPS $1.26, consensus $1.12

Reports Q4 revenue $690.8M, consensus $689.92M. “I am pleased with our Q4 results, as we generated $691M in fee revenue,” said CEO Gary Burnison. “Earnings and profitability increased year-over-year and sequentially as we delivered $112M of Adjusted EBITDA, at a 16.3% margin, which is our fourth consecutive quarter of profitability improvement. In an economic environment in which companies are fighting for growth and relevancy, our portfolio is performing as designed and the strategy is clearly working. Cyclically sensitive talent acquisition offerings are being buoyed by continued stability from our diversified offerings – particularly Consulting, complemented by Digital, which have generated solid performance. As we look to a new fiscal year, I have never been more proud of our organization – from our colleagues, expertise, IP and insights to the incredibly innovative and relevant solutions we offer to clients in a rapidly changing world.”