NYSE$KFY
Korn Ferry · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Korn Ferry achieved record results driven by strong demand across all lines of business and effective cost management.
Korn Ferry reported record first quarter fee revenue of $585.4 million, a 70% increase year-over-year. The company's profitability was also strong, with diluted earnings per share at $1.37 and Adjusted EBITDA margin at 20.7%.
- Korn Ferry reported record quarterly fee revenue of $585.4 million in Q1 FY’22, an increase of 70% from Q1 FY’21 and a sequential increase of 5% from Q4 FY’21.
- Operating income and Adjusted EBITDA were both all-time highs in Q1 FY’22 at $101.3 million (operating margin of 17.3%) and $121.3 million (Adjusted EBITDA margin of 20.7%), respectively.
- Record net income attributable to Korn Ferry and record diluted earnings per share of $74.8 million and $1.37 in Q1 FY’22, respectively.
- Declared a quarterly dividend of $0.12 per share on September 7, 2021, which is payable on October 15, 2021 to stockholders of record on September 23, 2021.
Headline financials
Revenue & EPS history
Korn Ferry · Revenue · Quarterly
$588M
Revenue by segment
Korn Ferry · $585M total across 4 segments · Q1 2022
- Executive Search$217M+80.6%37.1%
- Consulting$148M+49.5%25.4%
- Professional Search & Interim$139M+102.8%23.8%
- Digital$80.7M+44.1%13.8%
Forward guidance
Korn Ferry expects Q2 FY'22 fee revenue to be in the range of $585 million and $615 million, and diluted earnings per share to range between $1.30 to $1.44, assuming no new major pandemic lockdowns and steady worldwide economic conditions, financial markets, and foreign exchange rates.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
+0.1%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-0.3%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+15.1%
Q3 2018
Best reaction
-23.2%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -0.3% | +0.2% | — | |
| Q3 2026 | -1.5% | -4.6% | +0.5% | |
| Q2 2026 | +4.2% | +7.6% | +4.7% | |
| Q1 2026 | +0.4% | -0.3% | -2.9% | |
| Q4 2025 | +0.0% | +6.7% | +11.2% | |
| Q3 2025 | +7.6% | +7.7% | +0.7% | |
| Q2 2025 | -9.0% | -8.5% | -13.5% | |
| Q1 2025 | -6.6% | -1.6% | +2.3% | |
| Q4 2024 | +5.2% | +4.9% | +6.5% | |
| Q3 2024 | +1.5% | +1.2% | -0.8% | |
| Q2 2024 | +1.0% | +4.8% | +3.4% | |
| Q1 2024 | -2.6% | -3.6% | -2.6% | |
| Q4 2023 | -5.2% | -2.6% | +2.0% | |
| Q3 2023 | +2.6% | -5.1% | -10.0% | |
| Q2 2023 | -5.4% | -4.6% | -3.9% | |
| Q1 2023 | -14.7% | -11.9% | -17.0% | |
| Q4 2022 | +3.6% | +7.8% | +16.0% | |
| Q3 2022 | -0.1% | +2.8% | +5.9% | |
| Q2 2022 | +1.2% | +1.6% | -4.5% | |
| Q1 2022 | +3.3% | +0.3% | +4.3% | |
| Q4 2021 | +8.4% | +12.3% | +0.3% | |
| Q3 2021 | +11.4% | +8.8% | +6.8% | |
| Q2 2021 | +7.1% | +9.2% | +16.0% | |
| Q1 2021 | -5.1% | -6.1% | -5.1% | |
| Q4 2020 | -3.0% | -9.1% | -7.5% | |
| Q3 2020 | -5.5% | -7.2% | -3.3% | |
| Q2 2020 | -0.8% | -0.3% | +6.7% | |
| Q1 2020 | -5.2% | -4.5% | -6.5% | |
| Q4 2019 | -15.7% | -18.7% | -17.4% | |
| Q3 2019 | -4.7% | -0.6% | +0.5% | |
| Q2 2019 | -3.5% | -0.7% | -10.3% | |
| Q1 2019 | -23.2% | -23.5% | -25.7% | |
| Q4 2018 | +13.4% | +14.4% | +14.8% | |
| Q3 2018 | +15.1% | +16.8% | +24.3% | |
| Q2 2018 | -1.1% | -2.1% | -1.0% | |
| Q1 2018 | +7.9% | +8.0% | +19.9% | |
| Q4 2017 | +4.3% | +3.0% | +3.5% | |
| Q3 2017 | -3.2% | -3.5% | -5.9% | |
| Q2 2017 | +10.4% | +14.5% | +6.0% | |
| Q1 2017 | -5.3% | -9.3% | -12.1% | |
| Q4 2016 | -21.1% | -20.8% | -18.2% | |
| Q3 2016 | -6.6% | — | — | |
| Q2 2016 | -1.9% | — | — | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | +2.3% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | -3.4% | — | — | |
| Q3 2014 | +13.9% | — | — | |
| Q2 2014 | +4.4% | — | — | |
| Q1 2014 | +14.0% | — | — | |
| Q4 2013 | +4.5% | — | — | |
| Q3 2013 | -1.3% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | -5.3% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | +2.8% | — | — | |
| Q2 2012 | -1.7% | — | — | |
| Q1 2012 | -1.3% | — | — | |
| Q4 2009 | +1.5% | — | — | |
| Q4 2011 | +1.5% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q3 2011 | -0.3% | — | — | |
| Q2 2011 | +1.6% | — | — | |
| Q1 2011 | +3.5% | — | — | |
| Q1 2010 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — |
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