Brief: ICF Posts Q2 EPS Of $0.76

ICF International

01/08/2019 22:16

Aug 1 (Reuters) - ICF International Inc  ICFI.O :
    * ICF REPORTS SECOND QUARTER 2019 RESULTS
    * Q2 NON-GAAP EARNINGS PER SHARE $0.97
    * Q2 EARNINGS PER SHARE $0.76
    * Q2 REVENUE $366.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$357.8 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.93 -- REFINITIV IBES
DATA
    * SEES FY 2019 REVENUE $1.475 BILLION TO $1.5 BILLION
    * RAISES MIDPOINTS OF 2019 REVENUE AND EARNINGS GUIDANCE
RANGES
    * NAMES JOHN WASSON CEO; SUDHAKAR KESAVAN MOVES TO EXECUTIVE
CHAIRMAN
    * TOTAL BACKLOG WAS $2.4 BILLION AT END OF Q2 OF 2019
    * ICF INTERNATIONAL - TOTAL VALUE OF CONTRACTS AWARDED IN
2019 Q2
WAS $403.1 MILLION, RESULTING IN A TRAILING-TWELVE-MONTH
BOOK-TO-BILL RATIO OF 1.15
    * ICF INTERNATIONAL - SEES 2019 GAAP EPS TO BE BETWEEN $3.80
AND
$3.95, EXCLUSIVE OF SPECIAL CHARGES, AND NON-GAAP EPS TO BE IN
RANGE OF $4.10 TO $4.25
    * SEES 2019 OPERATING CASH FLOW IS PROJECTED TO BE IN RANGE
OF
$100 MILLION TO $120 MILLION
    * FY2019 EARNINGS PER SHARE VIEW $4.18, REVENUE VIEW $1.48
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn4LgnVKa 
Further company coverage:  ICFI.O 

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