Expectations trend
FY2028 · fiscal year ending 2028-04-30 · fmp
Korn/Ferry International (KFY)
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-11-04
$77.16-1.11%
Close 2026-11-05 · 1-day change
NYSEIndustrialsStaffing & Employment ServicesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
6.38 → 6.34 EPS · FY ending Apr 30, 2028 · 2 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 2 to 2; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for KFY yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Achieve $140 million run-rate Adjusted EBITDA from AMS acquisition | The AMS acquisition adds $140 million in EBITDA run-rate next year. | Intact | AMS EBITDA contribution falls below $100 million run-rate by FY27 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 3 supplied quarters. Management reported: ““With AMS now part of Korn Ferry, we have brought together two iconic brands to create a global leader in talent and organizational consulting.” “• Fee revenue grew in all regions year-over-year, led by double digit growth in Search and Workforce Solutions of 10% and 11%, respectively.” Revenue was $725.042 million in 2026-Q3. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-04-30 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Dec 8, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
KFY is a talent and consulting business with an acquisition-led growth element, rather than a clear low-risk compounder. Its multi-year view is intact after recent performance held in the top half of its industry, but earnings quality is fragile and risk has risen.
KFY is described as cheap versus peers, while the expectations gap is negative, suggesting expectations are not especially demanding. The pricing evidence labels the setup justified, with low fragility concentration rather than a broad stack of high valuation, weak execution, and turbulence.
Near term, recent results were neutral overall, with an earnings beat on September 9 and restructuring also reported that day. The completed AMS acquisition is on track as a management priority, with guidance for a $140 million run-rate adjusted EBITDA contribution within a year after closing and adjusted earnings-per-share accretion in its first full year. Elevated risk remains relevant: the next guidance update and recent peer misses are watch points, despite a low stated near-term miss probability.
Over the next few quarters, the thesis depends on KFY delivering the expected AMS contribution and integrating the acquisition effectively. A guidance cut would be a meaningful negative; continued earnings strength and higher guidance from sector bellwethers PAYX, RHI, and TNET would support the sector backdrop, while misses or lower guidance from those peers could remove that support.
For the next 1 to 3 years, KFY has a reasonably intact but execution-sensitive thesis: peer-relative cheapness and AMS offer support, while fragile earnings quality, elevated risk, and a headwind in the sector remain concerns. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Maintain or increase quarterly dividend at $0.55 per share | Dividends have increased to $0.55 per share, showing strong shareholder returns. | Intact | Quarterly dividend falls below $0.48 per share | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 1 of 3 supplied quarters. Management reported: “▪ The Company repurchased 1,240,458 shares of stock during the quarter for $78.8 million and paid dividends of $28.3 million.” “Exhibit 99.1 FOR IMMEDIATE RELEASE | Contacts: Investor Relations: Tiffany Louder, (214) 310-8407 Media: Dan Gugler, (310) 226-2645 Korn Ferry Announces First Quarter Fiscal 2027 Results of Operations Highlights ▪ Korn Ferry reports Q1 FY'27 fee revenue of $756.5 million, an increase of 7% year-over-year at both actual and constant currency.” Delivery assessment Nov 4, 2026 |
Maintain stable profit margins supporting EPS near $1.36 next quarter | Korn Ferry is growing revenue about 7% yearly with profit margins steady. | Intact | EPS falls below $1.32 next quarter | Diluted EPS: $1.32 per share FY2027-Q1; GAAP. Published target: EPS >= $1.32 next quarter. Same fiscal period as the stored target. Sep 9, 20261.32 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Sustain revenue growth near 7% YoY | A primary condition in Korn/Ferry International's published investment case. The stated target is >=7% YoY revenue growth. | Intact | YoY revenue growth falls below 4% next 4 quarters | Revenue growth: 6.86% FY2027-Q1; GAAP. Published target: >=7% YoY revenue growth. Target period is not explicitly aligned with this observation. Sep 9, 20266.858987 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 3 supplied quarters. Management reported: ““With AMS now part of Korn Ferry, we have brought together two iconic brands to create a global leader in talent and organizational consulting.” “• Fee revenue grew in all regions year-over-year, led by double digit growth in Search and Workforce Solutions of 10% and 11%, respectively.” Revenue was $725.042 million in 2026-Q3. Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$6.32 → $6.34 · observed estimates
$3.15B → $3.88B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-07-25 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-07-26 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-07-27 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-07-28 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-07-29 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-07-30 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-07-31 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-08-01 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-02 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-08-03 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-08-04 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-08-05 | $6.32 | $3,151,104,100 | 5 / 5 |
| 2026-08-06 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-07 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-08 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-09 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-10 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-12 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-13 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-14 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-15 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-16 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-17 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-18 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-19 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-20 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-21 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-22 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-23 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-24 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-25 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-26 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-27 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-28 | $6.32 | $3,151,102,596 | 2 / 3 |
| 2026-08-29 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-08-30 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-08-31 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-01 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-02 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-03 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-04 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-05 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-06 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-07 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-08 | $6.33 | $3,154,243,596 | 2 / 3 |
| 2026-09-09 | $6.49 | $3,140,781,370 | 1 / 1 |
| 2026-09-10 | $6.51 | $3,335,738,370 | 1 / 1 |
| 2026-09-11 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-12 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-13 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-14 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-15 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-16 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-17 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-18 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-19 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-20 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-21 | $6.36 | $3,750,248,481 | 2 / 3 |
| 2026-09-22 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-23 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-24 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-25 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-26 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-27 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-28 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-29 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-09-30 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-01 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-02 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-03 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-04 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-05 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-06 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-07 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-08 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-09 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-10 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-11 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-12 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-13 | $6.38 | $3,883,128,321 | 2 / 3 |
| 2026-10-14 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-15 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-16 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-17 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-18 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-19 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-20 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-21 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-22 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-23 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-24 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-25 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-26 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-27 | $6.38 | $3,883,123,081 | 2 / 3 |
| 2026-10-28 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-10-29 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-10-30 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-10-31 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-11-01 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-11-02 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-11-03 | $6.34 | $3,880,921,281 | 2 / 3 |
| 2026-11-04 | $6.34 | $3,880,921,281 | 2 / 3 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 4 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.