ICF International (ICFI) Tops Q3 EPS by 23c

ICF International (NASDAQ: ICFI) reported Q3 EPS of $1.10, $0.23 better than the analyst estimate of $0.87. Revenue for the quarter came in at $360 million versus the consensus estimate of $367.1 million.

GUIDANCE:

ICF International sees FY2020 EPS of $3.90-$4.05, versus the consensus of $3.67.

• "Strong year-to-date performance highlighted by a 4.1% increase in service revenue, has enabled us to raise our guidance for EPS. Specifically, we now expect GAAP diluted EPS to range from $3.15 to $3.30 exclusive of special charges, up from the previous guidance midpoint of $3.00, and Non-GAAP diluted EPS of $3.90 to $4.05, up from the previous guidance midpoint of $3.65. We now expect 2020 revenues to range from $1.460 billion to $1.500 billion.

For earnings history and earnings-related data on ICF International (ICFI) click here.

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