ICF International (ICFI) Misses Q1 EPS by 10c

ICF International (NASDAQ: ICFI) reported Q1 EPS of $0.50, $0.10 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $284 million versus the consensus estimate of $280.03 million.

Total backlog was $1.9 billion at the end of the first quarter of 2016. Funded backlog was $857 million, or approximately 44 percent of the total. The total value of contracts awarded in the 2016 first quarter was $318 million compared to $266 million for the same period for the prior fiscal year. Trailing twelve months contract awards were $1.4 billion for a book-to-bill ratio of 1.21.

For earnings history and earnings-related data on ICF International (ICFI) click here.

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