ICF: Q2 Earnings Snapshot

Associated Press Finance
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RESTON, Va. (AP) — RESTON, Va. (AP) — ICF International Inc. (ICFI) on Thursday reported second-quarter net income of $20.3 million.

On a per-share basis, the Reston, Virginia-based company said it had net income of $1.07. Earnings, adjusted for non-recurring costs, came to $1.57 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.

The consulting and technology services provider posted revenue of $500.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $482.1 million.

ICF expects full-year earnings in the range of $6.15 to $6.45 per share, with revenue in the range of $1.93 billion to $2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICFI at https://www.zacks.com/ap/ICFI

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