Workflow
ICF International (ICFI) Beats Q1 Earnings Estimates
ICFIICF International(ICFI) ZACKS·2025-05-01 23:00

Company Performance - ICF International (ICFI) reported quarterly earnings of 1.94pershare,exceedingtheZacksConsensusEstimateof1.94 per share, exceeding the Zacks Consensus Estimate of 1.74 per share, and up from 1.77pershareayearago,representinganearningssurpriseof11.491.77 per share a year ago, representing an earnings surprise of 11.49% [1] - The company posted revenues of 487.62 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.02%, and down from 494.44millionyearoveryear[2]Overthelastfourquarters,ICFhassurpassedconsensusEPSestimatesfourtimesandtoppedconsensusrevenueestimatestwotimes[2]StockOutlookICFshareshavedeclinedapproximately28.7494.44 million year-over-year [2] - Over the last four quarters, ICF has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Outlook - ICF shares have declined approximately 28.7% since the beginning of the year, compared to a 5.3% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is 1.63 on revenues of 481.39million,andforthecurrentfiscalyear,itis481.39 million, and for the current fiscal year, it is 6.97 on revenues of $1.93 billion [7] - The estimate revisions trend for ICF is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Government Services industry, to which ICF belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact ICF's stock performance [5]