Shares of Korn Ferry (NYSE: KFY) surged 5.63% in pre-market trading on Tuesday following the release of its impressive first-quarter fiscal 2026 results. The global organizational consulting firm reported earnings and revenue that exceeded analyst expectations, demonstrating resilience in a challenging economic environment.
Korn Ferry's Q1 adjusted earnings per share came in at $1.31, surpassing the consensus estimate of $1.24. The company's revenue for the quarter reached $715.5 million, beating the analyst forecast of $689.2 million. Fee revenue, a key metric for the firm, increased by 5% year-over-year to $708.6 million, showcasing solid growth across its business segments.
Adding to the positive sentiment, Korn Ferry provided an optimistic outlook for the second quarter of fiscal 2026. The company expects Q2 fee revenue to be in the range of $690 million to $710 million, with adjusted earnings per share projected between $1.23 and $1.33. This forward-looking guidance suggests continued momentum in Korn Ferry's business, further fueling investor confidence and contributing to the stock's pre-market rally.