Latest news with #ICFInternational
Yahoo
04-08-2025
- Business
- Yahoo
Jacobs Solutions Earnings: What To Look For From J
Global professional services company Jacobs Solutions (NYSE:J) will be announcing earnings results this Tuesday before the bell. Here's what investors should know. Jacobs Solutions missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $2.91 billion, up 2.2% year on year. It was a slower quarter for the company, with backlog in line with analysts' estimates. Is Jacobs Solutions a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Jacobs Solutions's revenue to grow 6.2% year on year to $3.06 billion, improving from the 3.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.54 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Jacobs Solutions's peers in the professional services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. ICF International's revenues decreased 7% year on year, missing analysts' expectations by 1%, and Booz Allen Hamilton reported flat revenue, falling short of estimates by 0.6%. ICF International traded up 5.1% following the results while Booz Allen Hamilton was down 6.8%. Read our full analysis of ICF International's results here and Booz Allen Hamilton's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the professional services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Jacobs Solutions is up 5.1% during the same time and is heading into earnings with an average analyst price target of $148.51 (compared to the current share price of $139.08). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
02-08-2025
- Business
- Yahoo
Here's What Key Metrics Tell Us About ICF (ICFI) Q2 Earnings
ICF International (ICFI) reported $476.16 million in revenue for the quarter ended June 2025, representing a year-over-year decline of 7%. EPS of $1.66 for the same period compares to $1.69 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $478.29 million, representing a surprise of -0.45%. The company delivered an EPS surprise of +1.84%, with the consensus EPS estimate being $1.63. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ICF performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue by Client Type- Government- US Federal government: $204.68 million compared to the $202.35 million average estimate based on two analysts. Revenue by Client Type- Government- US State & Local government: $85.65 million versus the two-analyst average estimate of $91.4 million. Revenue by Client Type- Commercial: $156.57 million versus the two-analyst average estimate of $139.96 million. Revenue by Client Type- Government: $319.59 million versus $328.6 million estimated by two analysts on average. Revenue by Client Type- Government- International government: $29.26 million versus $34.85 million estimated by two analysts on average. View all Key Company Metrics for ICF here>>> Shares of ICF have returned -5.1% over the past month versus the Zacks S&P 500 composite's +2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ICF International, Inc. (ICFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
01-08-2025
- Business
- Yahoo
ICF International Inc (ICFI) Q2 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Revenue: $476.2 million, down 2.4% from Q1 2025 and declined 7% year-over-year. Commercial, State, and Local Government, and International Revenue Growth: Increased 13.8%, accounting for 57% of total revenues. Commercial Energy Revenue: Increased 27% year-on-year. Federal Government Revenue: Declined 25.2% year-on-year. Adjusted EBITDA Margin: Expanded by 20 basis points to 11.1%. Gross Margin: Expanded 160 basis points to 37.3%. Net Income: $23.7 million with diluted EPS of $1.28. Non-GAAP EPS: $1.66. Backlog: $3.4 billion, with 54% funded. Operating Cash Flow: $52 million for Q2 2025. Debt: $462 million, reduced by approximately $40 million in Q2 2025. Adjusted Leverage Ratio: 2.1 times at quarter end. Quarterly Dividend: $0.14 per share. Warning! GuruFocus has detected 4 Warning Signs with GDYN. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points ICF International Inc (NASDAQ:ICFI) reported a 13.8% increase in revenues from commercial, state, local, and international government clients, accounting for 57% of total revenues. The company experienced a robust 27% year-on-year growth in revenue from commercial energy clients, driven by strong demand for energy efficiency programs. Adjusted EBITDA margin expanded by approximately 20 basis points year-on-year, reflecting favorable business mix and cost management initiatives. ICF International Inc (NASDAQ:ICFI) maintained a strong book-to-bill ratio of 1.3, indicating a healthy pipeline of future business. The company launched ICF Fathom, a new suite of AI solutions designed for federal agencies, which has generated considerable interest from clients. Negative Points Total revenues declined by 7% year-over-year, primarily due to a 25.2% reduction in federal government revenues. Federal government contract cancellations and delays in procurement activities negatively impacted revenue comparisons. The backlog of $3.4 billion was down year-over-year, indicating potential challenges in securing new contracts. ICF International Inc (NASDAQ:ICFI) faced a 2.4% sequential decline in revenues, aligning with expectations but reflecting ongoing challenges. The company experienced higher net interest expenses due to increased debt levels, partly from the acquisition of AEG in December 2024. Q & A Highlights Q: Can you provide insights into the mix of federal work in your backlog and the timing and visibility into those contracts? A: Barry Broadus, CFO, explained that the federal government backlog constitutes the majority, about half or slightly more, of the total backlog. The rest is divided among state, local, and commercial clients. He noted that while new procurement has slowed, contract modifications and additional funding are getting back on track. Q: Could you elaborate on the recent pickup in federal government activity and expected improvements in 2026? A: John Wasson, CEO, mentioned that contract cancellations have stabilized, and there has been a pickup in contract modifications and plus-ups, particularly in technology and complex program management. He expects the federal technology area to return to growth in 2026, driven by the administration's focus on technology modernization and AI. Q: Are you seeing any shifts in responsibilities or funding from federal to state and local levels? A: John Wasson noted that despite speculation about FEMA's future role, there hasn't been a decrease in federal funding for FEMA programs or disaster allocations. He emphasized that ICF is prepared to support state and local governments if responsibilities shift, and the company remains a leader in disaster recovery. Q: What is the current state of the acquisition pipeline, and how have valuations changed since the beginning of the year? A: John Wasson stated that ICF is focused on potential acquisitions in the commercial energy sector to enhance scale and geographic reach. He noted that there is uncertainty in the federal and disaster recovery markets, making acquisitions in those areas unlikely in the near term. Q: How significant is the growth in electricity demand from data centers for your commercial energy segment? A: John Wasson highlighted that the growth in electricity demand from data centers is unprecedented and will drive significant opportunities in the sector. He emphasized the need for a diverse range of energy solutions, including renewables, natural gas, and energy efficiency, to meet this demand over the next 10 to 20 years. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
01-08-2025
- Business
- Yahoo
ICF International Inc (ICFI) Q2 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Revenue: $476.2 million, down 2.4% from Q1 2025 and declined 7% year-over-year. Commercial, State, and Local Government, and International Revenue Growth: Increased 13.8%, accounting for 57% of total revenues. Commercial Energy Revenue: Increased 27% year-on-year. Federal Government Revenue: Declined 25.2% year-on-year. Adjusted EBITDA Margin: Expanded by 20 basis points to 11.1%. Gross Margin: Expanded 160 basis points to 37.3%. Net Income: $23.7 million with diluted EPS of $1.28. Non-GAAP EPS: $1.66. Backlog: $3.4 billion, with 54% funded. Operating Cash Flow: $52 million for Q2 2025. Debt: $462 million, reduced by approximately $40 million in Q2 2025. Adjusted Leverage Ratio: 2.1 times at quarter end. Quarterly Dividend: $0.14 per share. Warning! GuruFocus has detected 4 Warning Signs with GDYN. Release Date: July 31, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points ICF International Inc (NASDAQ:ICFI) reported a 13.8% increase in revenues from commercial, state, local, and international government clients, accounting for 57% of total revenues. The company experienced a robust 27% year-on-year growth in revenue from commercial energy clients, driven by strong demand for energy efficiency programs. Adjusted EBITDA margin expanded by approximately 20 basis points year-on-year, reflecting favorable business mix and cost management initiatives. ICF International Inc (NASDAQ:ICFI) maintained a strong book-to-bill ratio of 1.3, indicating a healthy pipeline of future business. The company launched ICF Fathom, a new suite of AI solutions designed for federal agencies, which has generated considerable interest from clients. Negative Points Total revenues declined by 7% year-over-year, primarily due to a 25.2% reduction in federal government revenues. Federal government contract cancellations and delays in procurement activities negatively impacted revenue comparisons. The backlog of $3.4 billion was down year-over-year, indicating potential challenges in securing new contracts. ICF International Inc (NASDAQ:ICFI) faced a 2.4% sequential decline in revenues, aligning with expectations but reflecting ongoing challenges. The company experienced higher net interest expenses due to increased debt levels, partly from the acquisition of AEG in December 2024. Q & A Highlights Q: Can you provide insights into the mix of federal work in your backlog and the timing and visibility into those contracts? A: Barry Broadus, CFO, explained that the federal government backlog constitutes the majority, about half or slightly more, of the total backlog. The rest is divided among state, local, and commercial clients. He noted that while new procurement has slowed, contract modifications and additional funding are getting back on track. Q: Could you elaborate on the recent pickup in federal government activity and expected improvements in 2026? A: John Wasson, CEO, mentioned that contract cancellations have stabilized, and there has been a pickup in contract modifications and plus-ups, particularly in technology and complex program management. He expects the federal technology area to return to growth in 2026, driven by the administration's focus on technology modernization and AI. Q: Are you seeing any shifts in responsibilities or funding from federal to state and local levels? A: John Wasson noted that despite speculation about FEMA's future role, there hasn't been a decrease in federal funding for FEMA programs or disaster allocations. He emphasized that ICF is prepared to support state and local governments if responsibilities shift, and the company remains a leader in disaster recovery. Q: What is the current state of the acquisition pipeline, and how have valuations changed since the beginning of the year? A: John Wasson stated that ICF is focused on potential acquisitions in the commercial energy sector to enhance scale and geographic reach. He noted that there is uncertainty in the federal and disaster recovery markets, making acquisitions in those areas unlikely in the near term. Q: How significant is the growth in electricity demand from data centers for your commercial energy segment? A: John Wasson highlighted that the growth in electricity demand from data centers is unprecedented and will drive significant opportunities in the sector. He emphasized the need for a diverse range of energy solutions, including renewables, natural gas, and energy efficiency, to meet this demand over the next 10 to 20 years. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
31-07-2025
- Business
- Yahoo
ICF International (NASDAQ:ICFI) Misses Q2 Revenue Estimates
Professional consulting firm ICF International (NASDAQ:ICFI) fell short of the market's revenue expectations in Q2 CY2025, with sales falling 7% year on year to $476.2 million. Its non-GAAP profit of $1.66 per share was 5.2% above analysts' consensus estimates. Is now the time to buy ICF International? Find out in our full research report. ICF International (ICFI) Q2 CY2025 Highlights: Revenue: $476.2 million vs analyst estimates of $481.1 million (7% year-on-year decline, 1% miss) Adjusted EPS: $1.66 vs analyst estimates of $1.58 (5.2% beat) Adjusted EBITDA: $52.88 million vs analyst estimates of $51.44 million (11.1% margin, 2.8% beat) Operating Margin: 8.4%, in line with the same quarter last year Free Cash Flow Margin: 9.7%, down from 10.8% in the same quarter last year Backlog: $3.4 billion at quarter end Market Capitalization: $1.52 billion Company Overview Operating at the intersection of policy, technology, and implementation for over five decades, ICF International (NASDAQ:ICFI) provides professional consulting services and technology solutions to government agencies and commercial clients across energy, health, environment, and security sectors. Revenue Growth Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $1.98 billion in revenue over the past 12 months, ICF International is a mid-sized business services company, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. On the bright side, it can still flex high growth rates because it's working from a smaller revenue base. As you can see below, ICF International grew its sales at a decent 5.9% compounded annual growth rate over the last five years. This shows its offerings generated slightly more demand than the average business services company, a useful starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within business services, a half-decade historical view may miss recent innovations or disruptive industry trends. ICF International's recent performance shows its demand has slowed as its annualized revenue growth of 1.3% over the last two years was below its five-year trend. ICF International also reports its backlog, or the value of its outstanding orders that have not yet been executed or delivered. ICF International's backlog reached $3.4 billion in the latest quarter. This quarter, ICF International missed Wall Street's estimates and reported a rather uninspiring 7% year-on-year revenue decline, generating $476.2 million of revenue. Looking ahead, sell-side analysts expect revenue to decline by 4.3% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and implies its products and services will face some demand challenges. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Operating Margin Operating margin is one of the best measures of profitability because it tells us how much money a company takes home after subtracting all core expenses, like marketing and R&D. ICF International was profitable over the last five years but held back by its large cost base. Its average operating margin of 7.1% was weak for a business services business. On the plus side, ICF International's operating margin rose by 1.1 percentage points over the last five years, as its sales growth gave it operating leverage. In Q2, ICF International generated an operating margin profit margin of 8.4%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. ICF International's EPS grew at a spectacular 13.6% compounded annual growth rate over the last five years, higher than its 5.9% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Diving into ICF International's quality of earnings can give us a better understanding of its performance. As we mentioned earlier, ICF International's operating margin was flat this quarter but expanded by 1.1 percentage points over the last five years. On top of that, its share count shrank by 2.9%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For ICF International, its two-year annual EPS growth of 11.1% was lower than its five-year trend. We hope its growth can accelerate in the future. In Q2, ICF International reported adjusted EPS at $1.66, down from $1.69 in the same quarter last year. Despite falling year on year, this print beat analysts' estimates by 5.2%. Over the next 12 months, Wall Street expects ICF International's full-year EPS of $7.60 to shrink by 10.8%. Key Takeaways from ICF International's Q2 Results It was encouraging to see ICF International beat analysts' EPS expectations this quarter. On the other hand, its revenue slightly missed. Overall, this was a weaker quarter. The stock traded down 1.5% to $83.01 immediately following the results. Is ICF International an attractive investment opportunity right now? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
