ICF: Q4 Financial Results Overview

ICF International Announces Fourth Quarter Financial Results

ICF International Inc., based in Reston, Virginia, disclosed a net profit of $17.3 million for the fourth quarter.

Earnings translated to $0.94 per share, while adjusted earnings—excluding special items—stood at $1.47 per share.

These figures did not meet analysts’ expectations, as the consensus from four Zacks Investment Research analysts was $1.53 per share.

The company, which specializes in consulting and technology services, reported quarterly revenue of $443.7 million, slightly below the $445 million anticipated by analysts.

For the full year, ICF International achieved a net income of $91.6 million, or $4.95 per share, with total revenue reaching $1.87 billion.

Outlook for the Coming Year

• ICF projects earnings of $1.55 per share for the first quarter ending in March.
• Revenue for the fiscal first quarter is expected to be around $450 million.
• For the entire year, the company anticipates earnings between $6.95 and $7.25 per share, with revenue ranging from $1.89 billion to $1.96 billion.