ICF International Posts Flat Q2 Revenue of $474.5 Million, Guides Above Consensus

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Summary · why it matters

ICF International reported second quarter revenues of $474.5 million, flat year over year and 0.7% below analysts' expectations, while narrowly beating full-year EPS guidance estimates. Chief executive John Wasson said commercial client revenues rose 5.9% year on year, federal government revenues improved sequentially on technology modernization, and international government revenues climbed 35%, putting total revenue in line with prior-year levels ahead of a return to year-on-year growth beginning in this year's third quarter. Among the seven government and technical consulting stocks tracked in the group, SAIC posted the strongest quarter with revenues of $1.88 billion, up 6.3% year on year and 7.1% above expectations, while Amentum was the weakest, with revenues of $3.49 billion, down 2% year on year and 2.2% short of estimates. Maximus reported revenues of $1.28 billion, down 5.1% year on year and 3.7% below expectations, and UL Solutions reported revenues of $816 million, up 5.2% year on year and in line with estimates. As a group, the seven stocks' revenues were in line with consensus, and their share prices have fallen an average of 8.8% since the latest earnings results.

Impact on assets 6

Defense & Geopolitical Fragmentation± Mixed · 2 stocks
Amentum Holdings Inc.
AMTM
▼ NegativeCapitalrelevance

Amentum was the weakest in the group, with Q2 revenues of $3.49B down 2% YoY and 2.2% below estimates.

Industrials▼ · 2 stocks
Maximus Inc
MMS
▼ NegativeCapitalrelevance

Maximus reported revenues of $1.28B, down 5.1% YoY and 3.7% below expectations.

UL Solutions Inc.
ULS
± MixedCapitalrelevance

UL Solutions reported revenues of $816M, up 5.2% YoY and in line with estimates.

Climate Adaptation & Water▲ · 1 stocks
ICF International Inc
ICFI
± MixedCapitalrelevance

ICF posted flat Q2 revenue of $474.5M, 0.7% below estimates, but narrowly beat full-year EPS guidance and guided above consensus.

Others▲ · 1 stocks