ICFI Earnings Prediction
The chart below shows how ICFI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ICFI sees a -1.25% change in stock price 10 days leading up to the earnings, and a +1.03% change 10 days following the report. On the earnings day itself, the stock moves by -0.46%. This data can give you a slight idea of what to expect for the next quarter's release.
ICFI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
517.00M
3.09%
0.97%
Gross Margin
34.59%
6.14%
4.50%
Operating Margin
8.90%
39.94%
7.49%
Net Margin
6.32%
33.62%
26.40%
EPS
1.73
38.40%
27.21%
No Data Available
ICFI Earnings Analysis
ICF International, Inc. Corporation (ICFI.O) Earnings Conference Call
Positive
Revenue Increase Year-on-Year: Revenue from continuing operations increased 6% year-on-year.
Revenue Increase Analysis: Revenues from continuing operations less pass-throughs increased 10% year-on-year.
EPS Guidance Increase: We outperformed across all profitability metrics, enabling us to increase our EPS guidance by $0.35 for the full year.
Record Business Development Pipeline: We ended the third quarter with a record new business development pipeline of $10.6 billion, providing substantial growth potential for ICF across our government and commercial client sets over the coming years.
Higher Margin Revenue Growth: We experienced robust growth in our higher margin revenues from commercial energy clients, continuing to be a key contributor to our strong performance.
Negative
Sector-Specific Revenue Growth: Revenue from continuing operations increased 3.1% year-over-year, but this was primarily driven by a 15% growth in our energy, environmental infrastructure, and disaster recovery client market, indicating reliance on specific sectors for growth.
Revenue Increase Analysis: Revenues from continuing operations, less subcontractor, and other direct costs yielded a 10% increase year-over-year, suggesting challenges in other areas of the business.
Revenue Decline Analysis: The third quarter revenue was $517 million, representing a decrease in growth rate compared to previous quarters, indicating potential slowing demand or market saturation.
Interest Expense Decrease: Interest expense for the quarter was $7.2 million, compared to $10.6 million in last year's third quarter, reflecting a decrease but still indicating significant financial obligations.
Net Income Decline: Net income totaled $32.7 million, down from $23.7 million last year, highlighting a decline in profitability despite increased revenues.
ICFI FAQs
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ICFI Earning Call Sentiment
ICF International, Inc. (ICFI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ICFI.O
-0.39%Positive
The earnings call summary reveals strong financial performance, with revenue and EBITDA growth, improved margins, and debt reduction. The guidance is optimistic, with increased EPS and EBITDA projections. The Q&A highlights strong growth in commercial energy and climate services, despite some competitive pressures and uncertainties. The shareholder return plan includes dividends and share repurchases, indicating confidence in financial health. Given the market cap, the positive sentiment is likely to result in a stock price increase of 2% to 8% over the next two weeks.
