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Icf International (ICFI)
NASDAQ:ICFI
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Icf International (ICFI) Earnings Date & Reports

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Earnings Data

Report Date
Mar 04, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
$1.86
Last Year’s EPS
$1.68
Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Oct 31, 2024
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% Change Since: -29.03%
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Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
ICF reported a strong quarter characterized by significant revenue growth, particularly in the commercial energy sector, and improved profitability metrics. The company also highlighted a robust contract pipeline and reduced debt levels. However, challenges were noted in the health and social programs market, mainly due to reduced pass-through revenues and delays in contract ramp-ups. Despite these setbacks, the overall sentiment of the earnings call remains positive due to the strong performance in key growth areas and the upward revision of EPS guidance.
Company Guidance
During the ICFI Q3 2024 earnings call, the company provided robust guidance underscored by a 6% year-on-year revenue increase from continuing operations, with a 10% rise in revenues from operations less pass-throughs. They revised their full-year EPS guidance upward by $0.35, reflecting favorable business mix and tax benefits. The company boasted a record $10.6 billion business development pipeline and a 1.31 trailing 12-month book-to-bill ratio. Their commercial energy sector showed remarkable growth, with a 15.3% revenue increase, driven by demand for multidisciplinary solutions. Despite a slight decline in health and social programs revenues, the company secured several significant contracts, bolstering future prospects. CFO Barry Broadus highlighted financial health with a reduced debt of $419.1 million and a lower tax rate expectation of approximately 21% for the next several years.
Revenue Growth and Profitability
Revenue from continuing operations increased 6% year-on-year, and revenues from operations less pass-throughs increased 10% year-on-year. The company outperformed across all profitability metrics, including a 160 basis point improvement in gross margin to 37.1%.
Strong Contract Wins and Pipeline
ICF achieved solid third quarter contract wins, resulting in a trailing 12-month book-to-bill ratio of 1.31. The company ended the quarter with a record business development pipeline of $10.6 billion.
Commercial Energy Market Growth
The energy, environment, infrastructure, and disaster recovery client market led revenue growth with a 15.3% increase. Robust growth in higher-margin revenues from commercial energy clients continued to be a key contributor.
Debt Reduction and Improved Cash Flow
Debt was reduced to $419.1 million from $533.9 million at the end of the prior year quarter, reflecting the use of favorable cash flows to pay down debt.
Increased EPS Guidance
The company increased its EPS guidance by $0.35 for the full year due to strong operational performance and tax benefits.
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Icf International (ICFI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ICFI Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 04, 20252024 (Q4)
1.86 / -
1.68
Oct 31, 20242024 (Q3)
1.89 / 2.13
1.8117.68% (+0.32)
Aug 01, 20242024 (Q2)
1.49 / 1.69
1.577.64% (+0.12)
May 02, 20242024 (Q1)
1.46 / 1.77
1.4224.65% (+0.35)
Feb 27, 20242023 (Q4)
1.63 / 1.68
1.567.69% (+0.12)
Nov 02, 20232023 (Q3)
1.62 / 1.81
1.6112.42% (+0.20)
Aug 03, 20232023 (Q2)
1.45 / 1.57
1.3318.05% (+0.24)
May 09, 20232023 (Q1)
1.40 / 1.42
1.318.40% (+0.11)
Feb 28, 20232022 (Q4)
1.50 / 1.56
1.1931.09% (+0.37)
Nov 03, 20222022 (Q3)
1.45 / 1.61
1.3221.97% (+0.29)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ICFI Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 31, 2024$168.41$167.59-0.49%
Aug 01, 2024$145.74$160.10+9.85%
May 02, 2024$143.51$145.85+1.63%
Feb 27, 2024$154.84$152.23-1.69%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Icf International (ICFI) report earnings?
Icf International (ICFI) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
    What is Icf International (ICFI) earnings time?
    Icf International (ICFI) earnings time is at Mar 04, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ICFI EPS forecast?
          ICFI EPS forecast for the fiscal quarter 2024 (Q4) is $1.86.
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