ICF: Q3 Earnings Snapshot

Associated Press Finance
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RESTON, Va. (AP) — RESTON, Va. (AP) — ICF International Inc. (ICFI) on Thursday reported third-quarter net income of $23.7 million.

The Reston, Virginia-based company said it had net income of $1.25 per share. Earnings, adjusted for one-time gains and costs, were $1.81 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The consulting and technology services provider posted revenue of $501.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $496.1 million.

ICF expects full-year earnings in the range of $6.40 to $6.50 per share, with revenue in the range of $1.95 billion to $1.98 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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