Brief: ICF International Q2 EPS USD 1.28

ICF International

31/07/2025 21:05

Overview

ICF Q2 revenue misses analyst expectations, but adjusted EPS beats, per LSEG data

Commercial energy revenue grows 27% yr/yr, boosting margin mix

Co maintains full-year 2025 guidance, expects growth in 2026

Outlook

ICF maintains full-year 2025 guidance framework

Company expects revenue and earnings growth to return in 2026

ICF does not foresee 2025 revenues declining by 10% from 2024

Adjusted EBITDA margins expected similar to 2024

Result Drivers

COMMERCIAL ENERGY - 27% yr/yr revenue growth driven by energy efficiency programs and increased demand for flexible load management

MARGIN MIX - Favorable margin mix due to higher-margin commercial energy revenues and reduced subcontractor costs

FEDERAL REVENUE DECLINE - 14.6% sequential decline in federal government revenue due to contract funding curtailments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$476 mln
$482.80 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$1.66
$1.61 (4 Analysts)
Q2 EPS
$1.28
Q2 Net Income
$24 mln
Q2 Adjusted EBITDA
Beat
$52.90 mln
$52.70 mln (5 Analysts)
Q2 EBITDA
$53.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for ICF International Inc is $96.00, about 13.8% above its July 30 closing price of $82.78

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn62Mykwa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)