ICF: Q4 Financial Results Overview

ICF International Announces Fourth-Quarter Financial Results

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

Earnings per share for the quarter were 94 cents, while adjusted earnings, which exclude certain one-time items, reached $1.47 per share.

These results did not meet analysts’ expectations, as the consensus from four analysts surveyed by Zacks Investment Research was $1.53 per share in earnings.

The company, which specializes in consulting and technology services, generated $443.7 million in revenue during the quarter, slightly below the $445 million anticipated by analysts.

For the full year, ICF International reported a total profit of $91.6 million, or $4.95 per share, with annual revenue amounting to $1.87 billion.

Outlook for the Next Quarter and Year

Looking ahead to the quarter ending in March, ICF anticipates earnings of $1.55 per share and expects revenue to be around $450 million.

For the entire fiscal year, the company projects earnings per share between $6.95 and $7.25, with revenue estimated to fall within the range of $1.89 billion to $1.96 billion.

Financial data for this report was provided by Zacks Investment Research and compiled by Automated Insights.