Korn/Ferry International (NYSE: KFY) reported earnings on Sep. 5. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended July 31 (Q1), Korn/Ferry International beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped significantly.

Gross margins expanded, operating margins contracted, net margins dropped.

Revenue details
Korn/Ferry International logged revenue of $196.0 million. The five analysts polled by S&P Capital IQ expected to see a top line of $188.0 million on the same basis. GAAP reported sales were 5.0% lower than the prior-year quarter's $206.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.22. The eight earnings estimates compiled by S&P Capital IQ predicted $0.18 per share. GAAP EPS of $0.22 for Q1 were 33% lower than the prior-year quarter's $0.33 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 34.7%, 130 basis points better than the prior-year quarter. Operating margin was 8.7%, 390 basis points worse than the prior-year quarter. Net margin was 5.3%, 220 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $183.8 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $753.2 million. The average EPS estimate is $0.82.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 149 members out of 166 rating the stock outperform, and 17 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Korn/Ferry International a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Korn/Ferry International is outperform, with an average price target of $14.90.