ICF International (ICFI) Gains From Buyouts Amid Rising Costs

ICFIreported impressive first-quarter 2024 results. Quarterly adjusted earnings per share of $1.77 beat the Zacks Consensus Estimate by 22.9% and gained 24.7% from the year-ago reported figure. Total revenues of$ 494.4 million beat the Zacks Consensus Estimate by a slight margin but increased 2.3% year over year. ICF International is seeing growth in demand for advisory services. It is driven by a heightened government focus on environmental initiatives, emphasis on transparency and accountability, efficien ...