ICF International (ICFI) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.77 per share a year ago.
ICFI's fourth-quarter 2024 earnings and revenues increase on a year-over-year basis.
ICF International, Inc. (NASDAQ:ICFI ) Q4 2024 Earnings Call Transcript February 27, 2025 4:30 PM ET Company Participants Lynn Morgen - Investor Relations, Advisiry Partners John Wasson - Chair and Chief Executive Officer Barry Broadus - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Sam Kusswurm - William Blair Tobey Sommer - Truist Securities Kevin Steinke - Barrington Research Marc Riddick - Sidoti & Company, LLC Operator Welcome to the Fourth Quarter and Full-Year 2024 ICF Earnings Conference Call. My name is Lauren Cannon and I will be your operator for today's call.
ICF International (ICFI) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.68 per share a year ago.
ICF (ICFI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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The mean of analysts' price targets for ICF (ICFI) points to a 39.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
ICF (ICFI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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ICF (ICFI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
After losing some value lately, a hammer chart pattern has been formed for ICF (ICFI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.