Korn Ferry (NYSE:KFY) stock traded lower Wednesday after the consulting firm reported first-quarter fiscal 2027 results that beat Wall Street expectations on both earnings and sales, while issuing second-quarter adjusted EPS guidance below estimates.

• Korn Ferry stock is under selling pressure. What’s driving KFY stock lower?

Korn Ferry reported adjusted EPS of $1.43, beating the $1.36 estimate. GAAP diluted EPS rose 5% year over year to $1.32.

Total revenue rose 6.9% year over year to $764.622 million, beating the $739.430 million estimate.

Fee revenue increased 7% to $756.5 million, marking a sixth consecutive quarter of top-line growth.