Consulting services firm ICF International Q3 revenue misses estimates

ICF International

30/10/2025 20:37

Overview

ICF Q3 revenue of $465 mln missed analyst expectations

Adjusted EPS for Q3 was $1.67, missing consensus estimates

Company expects revenue and earnings growth in 2026

Outlook

ICF maintains 2025 guidance framework despite government shutdown impact

ICF expects revenue and earnings growth to resume in 2026

ICF revises 2025 operating cash flow estimate to $125 mln-$150 mln

Result Drivers

COMMERCIAL ENERGY GROWTH - Revenue from commercial energy clients rose 24%, driven by strong demand for energy efficiency programs and expertise in grid resilience

MARGIN EXPANSION - Margin expansion was supported by a favorable revenue mix and cost management initiatives

IT MODERNIZATION CONTRACTS - Significant new business in IT modernization contributed to a strong book-to-bill ratio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$465 mln
$487.42 mln (4 Analysts)
Q3 Adjusted EPS
Miss
$1.67
$1.74 (4 Analysts)
Q3 EPS
$1.28
Q3 Net Income
$24 mln
Q3 Adjusted EBITDA
Miss
$53.20 mln
$55.09 mln (4 Analysts)
Q3 EBITDA
$52.80 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 $98.50, about 13.1% above its October 29 closing price of $85.59

Press Release: ID:nPn5lxCc1a

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(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.)