Korn/Ferry International Inc Q2 adjusted earnings Beat Estimates

Korn/Ferry International Inc (KFY) announced a profit for its second quarter that climbed from the same period last year.

The company’s earnings came in at $46.0 million, or $0.81 per share. This compares with $36.3 million, or $0.64 per share, in last year’s second quarter.

Excluding items, Korn/Ferry International Inc reported adjusted earnings of $48.2 million or $0.85 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 11.3% to $506.8 million from $455.5 million last year.

Korn/Ferry International Inc earnings at a glance:

-Earnings (Q2): $48.2 Mln. vs. $37.8 Mln. last year.
-EPS (Q2): $0.85 vs. $0.67 last year.
-Analysts Estimate: $0.80
-Revenue (Q2): $506.8 Mln vs. $455.5 Mln last year.

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