Gear Up for Korn/Ferry (KFY) Q2 Earnings: Wall Street Estimates for Key Metrics

In its upcoming report, Korn/Ferry (KFY) is predicted by Wall Street analysts to post quarterly earnings of $1.30 per share, reflecting an increase of 7.4% compared to the same period last year. Revenues are forecasted to be $702.98 million, representing a year-over-year increase of 4.2%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.In light of this perspective, let's dive into the average estimates of certain Korn/Ferry metrics that are commonly tracked and forecasted by Wall Street analysts.The consensus among analysts is that 'Fee Revenue- Total Executive search' will reach $218.40 million. The estimate indicates a year-over-year change of -99.9%.Analysts' assessment points toward 'Fee Revenue' reaching $702.97 million. The estimate suggests a change of +4.2% year over year.The combined assessment of analysts suggests that 'Fee Revenue- Digital' will likely reach $92.41 million. The estimate indicates a year-over-year change of -0.5%.Analysts expect 'Fee Revenue- Consulting' to come in at $170.64 million. The estimate indicates a change of +2.3% from the prior-year quarter. View all Key Company Metrics for Korn/Ferry here>>> Shares of Korn/Ferry have demonstrated returns of +0.1% over the past month compared to the Zacks S&P 500 composite's +0.1% change. With a Zacks Rank #3 (Hold), KFY is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Korn/Ferry International (KFY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks