ICF International (ICFI) Surpasses Q4 Earnings and Revenue Estimates

Core Viewpoint - ICF International reported quarterly earnings of $1.87 per share, exceeding the Zacks Consensus Estimate of $1.86 per share, and showing an increase from $1.68 per share a year ago, indicating a positive earnings surprise of 0.54% [1][2] Financial Performance - The company achieved revenues of $496.32 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.45% and up from $478.35 million year-over-year [2] - Over the last four quarters, ICF has consistently surpassed consensus EPS estimates and topped revenue estimates three times [2] Stock Performance and Outlook - ICF shares have declined approximately 15.4% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.89 for the upcoming quarter and $8.13 for the current fiscal year, alongside projected revenues of $531.02 million and $2.17 billion respectively [7] Industry Context - The Government Services industry, to which ICF belongs, is currently ranked in the top 9% of over 250 Zacks industries, suggesting a favorable environment for performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]