ICF Reports First Quarter 2020 Results

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Go back to ICF Reports First Quarter 2020 Results

ICF International (ICFI) Tops Q1 EPS by 5c, Updates Guidance

May 5, 2020 4:45 PM EDT

ICF International (NASDAQ: ICFI) reported Q1 EPS of $0.83, $0.05 better than the analyst estimate of $0.78. Revenue for the quarter came in at $358 million versus the consensus estimate of $363.8 million.

GUIDANCE:

ICF International sees FY2020 EPS of $3.50-$3.80, versus the consensus of $3.94.

"First quarter results represented a solid start to the year, and our business trends remain stable. The great majority of our revenue is derived from government and utility clients under long-term contracts, which provide considerable visibility. That said, challenging business and economic conditions caused by the COVID-19... More