ICF International (ICFI) reported $494.44 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.3%. EPS of $1.77 for the same period compares to $1.42 a year ago.The reported revenue represents a surprise of +0.41% over the Zacks Consensus Estimate of $492.44 million. With the consensus EPS estimate being $1.44, the EPS surprise was +22.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

ICF International (ICFI) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.92%. A quarter ago, it was expected that this consulting and technology services provider would post earnings of $1.64 per share when it actually produced earnings of $1.68, delivering a surprise of 2.44%.Over ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33045 ICF International, Inc. (Exact name of Registrant as Specified in its Charter) Delaware 22-3661438 (State or Other Jurisd ...

Investors might want to bet on ICF International (ICFI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syste ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

| Delaware | 001-33045 | 22-3661438 | | --- | --- | --- | | (State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer | | incorporation or organization) | | Identification Number) | | 1902 Reston Metro Plaza, Reston | | 20190 | | Virginia | | | | (Address of principal executive offices) | | (Zip Code) | Registrant's telephone number, including area code:(703) 934-3000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number: 001-33045 ICF INTERNATIONAL, INC. (Exact name of Registrant as specified in its charter) Delaware 22-3661438 (State or other jurisdictio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33045 ICF International, Inc. Washington, D.C. 20549 FORM 10-Q (Mark One) (Exact name of Registrant as Specified in its Charter) | Delaware | 22-3661438 | | --- | --- ...

Financial Data and Key Metrics Changes - Revenues increased by 18.2% year-over-year to $500.1 million, driven by 10% organic growth and the acquisition of SemanticBits [13][40] - Net income was $20.3 million, or $1.07 per diluted share, including $3.5 million in tax-affected M&A and severance charges [40] - Non-GAAP EPS increased by 18.8% to $1.57 per share, benefiting from long-term tax strategies [41] - Operating cash flow is projected to be approximately $150 million for 2023 [15][44] Business Line Data and Key Metrics Changes - Commercial energy revenues increased by 22% in the second quarter, reflecting strong demand for energy efficiency programs and advisory services [59] - The climate business saw strong demand, driven by funding for decarbonization programs, with revenues up 30% [60][61] - The disaster recovery market continued to grow at a double-digit rate, with a new $32.1 million contract announced for Puerto Rico [37] Market Data and Key Metrics Changes - Contract awards were up 28% year-on-year, with a trailing 12-month book-to-bill ratio of 1.3, indicating strong future revenue growth [34] - The business development pipeline reached a record $10.3 billion, representing nearly 20% growth compared to the previous year [34][69] - Increased interest in AI among federal government clients is expected to benefit the company [38] Company Strategy and Development Direction - The divestiture of the commercial marketing group was a strategic decision to focus on key growth markets [14][69] - The acquisition of CMY Solutions is expected to expand the addressable market within the electrical sector and enhance technology capabilities [27][36] - The company aims to leverage its scale to pursue larger contracts and enhance its competitive positioning [34][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong contract wins for the second half of the year, driven by a robust pipeline and favorable market conditions [47] - The company anticipates continued growth in federal, commercial, and state and local markets, supported by bipartisan funding for public health and IT modernization [84] - Management expects the impact of the IIJA and IRA to drive further growth opportunities into 2024 [75] Other Important Information - The company executed $100 million in interest rate swaps, increasing fixed-rate debt to approximately 60% of total debt [21] - A quarterly cash dividend of $0.14 per share was announced, payable on October 13, 2023 [21] - The company has removed the non-GAAP financial measure of service revenue from public filings in line with SEC guidelines [15] Q&A Session Summary Question: What is the expectation for strong contract wins in the second half of the year? - Management indicated confidence in strong contract wins due to a robust pipeline and significant proposals in negotiation [47] Question: How does the company view its size and scale in relation to deal sizes? - Management noted that the company has been able to pursue larger opportunities due to its scale, particularly in the energy sector [48][72] Question: How will the divestiture of the commercial marketing group affect EPS guidance? - Management reaffirmed EPS guidance, stating that tax strategies will help offset any lost EPS from the divestiture [73] Question: What is the impact of the IIJA and IRA on the company's pipeline? - Management reported positive momentum from IIJA and IRA, with significant opportunities emerging in the pipeline [75] Question: Will service revenue continue to be monitored internally? - Management confirmed that while service revenue will not be included in public communications, it will still be monitored internally [78]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33045 ICF International, Inc. (Exact name of Registrant as Specified in its Charter) | Delaware | 22-3661438 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 1902 Reston Metro Plaza, Reston, VA | 20190 | | (Address of Principal Executive Offices) | (Zip Code) | | Registrant's telephone number, in ...