This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Tuesday's Winners & Losers: Korn/Ferry

Shares of Korn/Ferry International (KFY) were among the NYSE's winners Tuesday, rising 5% after the recruiting services company posted better-than-expected fourth-quarter results.

The company reported earnings of $20.3 million, or 45 cents a share, on total revenue of $152.9 million. The company posted fee revenue of $145.3 million. Excluding a one-time tax benefit, the company earned $13.8 million, or 31 cents a share. Analysts polled by Thomson First Call expected earnings of 29 cents a share on revenue of $141.3 million. During the year-earlier quarter, the company earned $11.7 million, or 27 cents a share, on total revenue of $131 million.

Looking ahead, Korn/Ferry sees first-quarter earnings, excluding stock-based compensation costs, of 28 cents to 33 cents a share. The company predicts fee revenue of $138 million to $145 million. Analysts project earnings of 29 cents a share on total revenue of $143.5 million. Shares were up 99 cents to $20.99 in recent trading.

Bob Evans Farms (BOBE) shares were recently trading up 3% after the restaurant operator posted fourth-quarter earnings that were better than expected. The company reported after Monday's close that it earned $20.5 million, or 56 cents a share, on sales of $397.3 million. Excluding items, the company earned $17.1 million, or 47 cents a share. Analysts expected earnings of 37 cents a share. During the year-earlier quarter, the company earned $5.5 million, or 16 cents a share, on sales of $382.6 million. Shares were recently trading up 88 cents to $28.72.

Shares of School Specialty (SCHS) fell 4% after the educational products company posted disappointing fourth-quarter results. The company posted a loss of $32.6 million, or $1.42 a share, on revenue of $180.9 million. Excluding items, the company reported a loss of 71 cents a share. Analysts expected a smaller loss of 43 cents a share on revenue of $189.2 million. During the year-earlier period, the company posted a loss of $8.4 million, or 37 cents a share, on revenue of $175.2 million. "We are very disappointed with our results for fiscal 2006," Dave Vander Zanden, the company's CEO, said. "We have focused our efforts on growing revenue and reducing our expenses for fiscal 2007 and are optimistic about our performance for the coming year."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs