Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Markets & Finance

Baird Upgrades Korn/Ferry


Baird upgrades executive search firm Korn/Ferry International (KFY) to outperform from neutral.

Analyst Mark S. Marcon is upgrading on attractive valuation, combined with prospects for solid fourth-quarter operating results and forward guidance. He notes permanent placement/recruiting revenue has been very strong for the companies with March reporting periods.

He sees Korn/Ferry posting solid fourth-quarter (April) results this Wednesday of 25 cents earnings per share on 23% higher revenue. He also expects solid forward guidance from company, as several indicators point to a tightening labor market for professionals.

Longer term, Marcon sees Korn/Ferry benefiting from the void in a labor force that will be left by retiring baby boomers.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus