ICF International's 4Q net ticks higher

FAIRFAX, Va. – ICF International Inc.'s annual accumulation ticked college as the aggregation benefited from a lower tax amount and college acquirement from its consulting and technology services.

The company's anticipation for the accepted division was weaker than some analysts expected, however. The banal slipped in continued trading.

The aggregation said Tuesday that its net assets was $6.2 million, or 37 cents per share, in the fourth quarter, against $6.1 million, or 40 cents per share, in the year-earlier period.

The aggregation said it benefited from "favorable nonrecurring tax benefits" that bargain the tax amount in the latest quarter.

The accumulation topped the boilerplate appraisal of analysts polled by Thomson Reuters. They were assured 31 cents per share.

For the three months concluded Dec. 31, acquirement rose 7 percent to $174.1 million, beyond analysts' boilerplate appraisal of $168 million.

For all of 2009, net assets fell 22 percent to $22.4 million, as acquirement fell 3 percent to $674.4 million.

For the aboriginal division of 2010, the aggregation expects acquirement of $170 actor to $175 million, and accumulation of 27 cents to 30 cents per share. Analysts were assured $176.4 actor in acquirement and 30 cents per allotment in profit.

For 2010, the aggregation additional its acquirement advice to $740 actor to $775 actor to accommodate the after-effects from a contempo acquisition, with balance per allotment of $1.33 to $1.43.

That was in band with analysts' projections for $759.2 actor in acquirement and $1.39 per allotment in profit.

The banal fell 39 cents to $24.40 in continued trading, afterwards the after-effects were reported. It had risen 21 cents to abutting at $24.79 during the approved trading session.

 

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