ICF International Inc (ICFI) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $0.69 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.68. The company posted revenue of $305.40 million in the period, compared to analysts expectations of $293.23 million. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS.
Many Wall Street Analysts have commented on ICF International Inc. Barrington Research Upgraded ICF International Inc on May 9, 2016 to ” Outperform”, Price Target of the shares are set at $50.Company shares were Reiterated by Stifel on May 6, 2016 to “Buy”, Firm has raised the Price Target to $ 49 from a previous price target of $47 .
ICF International Inc closed down -0.14 points or -0.34% at $41.38 with 66,742 shares getting traded on Friday. Post opening the session at $41.68, the shares hit an intraday low of $40.89 and an intraday high of $41.74 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Jul 7, 2016, Sudhakar Kesavan (Chairman and CEO) sold 9,634 shares at $41.00 per share price. According to the SEC, on May 25, 2016, Phillip Eck (VP and Principal Acct. Officer) sold 800 shares at $40.10 per share price. On May 10, 2016, Ellen Glover (EVP) sold 7,059 shares at $40.00 per share price, according to the Form-4 filing with the securities and exchange commission.
ICF International Inc. provides management technology and policy consulting and implementation services to Government and commercial clients. The Company’s services primarily address three key markets: energy environment and infrastructure; health social programs and consumer/financial and public safety and defense. Its primary services include research and analytic services assessment and advisory services design and management services solution identification and implementation services and engagement services. The Company researches critical policy industry and stakeholder issues trends and behavior. The Company collects and analyzes varieties of data to understand critical issues and options for its clients. The Company measures/assesses results and their impact and based on those assessments the Company provides advice to its clients on how to navigate societal market business communication and technology challenges.