ICF International Shares Up 4% Following Q3 Results

ICF International, Inc. (NASDAQ:ICFI) shares closed more than 4% higher today following Q3 results, with EPS coming in at $1.32, beating the consensus estimate of $1.11 per share. Quarterly revenue grew 9% year-over-year to $394 million, above the consensus estimate of $388 million.

The company increased its EPS guidance for the full 2021-year to $4.70-4.90, which is above the Street estimate of $4.61. Management noted 60% of its service revenues are in areas where growth is expected to be at least 10% per year going forward.

The company maintained its 2021 revenue guidance of $1.525-1.575 billion, compared to the consensus estimate of $1.571 billion.

ICF International, Inc. (NASDAQ:ICFI) shares closed more than 4% higher today following Q3 results, with EPS coming in at $1.32, beating the consensus estimate of $1.11 per share. Quarterly revenue grew 9% year-over-year to $394 million, above the consensus estimate of $388 million.

The company increased its EPS guidance for the full 2021-year to $4.70-4.90, which is above the Street estimate of $4.61. Management noted 60% of its service revenues are in areas where growth is expected to be at least 10% per year going forward.

The company maintained its 2021 revenue guidance of $1.525-1.575 billion, compared to the consensus estimate of $1.571 billion.