Korn Ferry Q2 Revenue Tops Estimates, Q3 Guidance Beats on AMS Acquisition

EarningsM&A · Partnership
โดย StockStory·US·Read original
Summary · why it matters

Korn Ferry reported Q2 CY2026 revenue of $756.5 million, up 5.7% year on year and above analyst estimates of $747.1 million, with adjusted EPS of $1.43 beating the $1.36 consensus. The organizational consulting firm guided Q3 CY2026 revenue to $869 million at the midpoint, 15.9% above analyst estimates of $749.6 million, though its Q3 adjusted EPS guidance of $1.35 came in below the $1.48 consensus. Management attributed the sixth consecutive quarter of top-line growth to its "We Are Korn Ferry" strategy and the completed acquisition of AMS, a major recruitment process outsourcing provider that immediately expands Korn Ferry's contingent workforce and early career solutions. CEO Gary Burnison said the AMS combination adds a high proportion of recurring multi-year contracts, with client relationships averaging 14 years, and the company is targeting $40 million of incremental EBITDA from AMS within the first year of the deal. CFO Robert Rozek said the company will monitor the pace of integration and ensure disciplined capital allocation, with full platform alignment targeted by May 2027, while management flagged ongoing macroeconomic uncertainty in EMEA and APAC.

Impact on stocks 4

Industrials · 2 stocks
Korn Ferry
KFY
▲ PositiveCapitalrelevance

Q2 revenue and EPS beat estimates and Q3 revenue guidance far above consensus on the AMS acquisition

Energy Transition & Power Demand · 1 stocks
Artificial Intelligence · 1 stocks