earnings
confidence high
sentiment positive
materiality 0.80
ICF Q3 2024: GAAP EPS $1.73 (+38%), Non-GAAP EPS $2.13 (+18%); Raises EPS guidance, lowers revenue on pass-throughs
ICF International, Inc.
2024-Q3 EPS reported
$4.53
revenue$1,523,463,000
- Revenue $517M (+3.1% YoY; +6% ex-divestitures); net income $32.7M (+37.7%).
- Margin expansion: operating margin 8.9% (up 250 bps), Adjusted EBITDA margin 11.3% (up 50 bps).
- Contract awards $697M (book-to-bill 1.35); record pipeline $10.6B; TTM awards up 16% YoY.
- FY2024 guidance: Revenue $2.0B-$2.03B (from $2.03B-$2.10B); GAAP EPS $6.05-$6.15; Non-GAAP EPS $7.40-$7.50.
- Quarterly dividend $0.14/share payable Jan 10, 2025 to holders of record Dec 6, 2024.