ICFI Benefits From Buyout Strategy and Strong Liquidity Position
ICF International(ICFI) ZACKS·2024-12-12 02:05
ICF International, Inc. (ICFI) is benefiting from the expansion of its commercial business. Acquisitions are an important element in the company’s growth strategy. A solid liquidity position enables the company to pay off short-term obligations effectively.ICFI reported mixed third-quarter 2024 results. Quarterly earnings per share of $2.13 beat the Zacks Consensus Estimate by 17.7% and gained 17.7% from the year-ago reported figure. Total revenues of $517 million missed the Zacks Consensus Estimate by 2.9% ...