ICF International Sees FY24 EPS $6.95-$7.25 Vs $6.77 Est.
ICF International Sees FY24 EPS $6.95-$7.25 Vs $6.77 Est.
"A growing backlog and our record business development pipeline of $10.5 billion at the end of the second quarter support our expectations for continued strong growth in 2024 and give us confidence in ICF's ability to continue to grow at a high single-digit rate in the coming years. We are experiencing high demand from commercial clients for our energy and environmental expertise and implementation skills. We have excellent credentials to assist state and local government clients in meeting their planning, resilience and mitigation objectives, as well as supporting their disaster recovery efforts. We also have significantly expanded our capabilities in areas in the federal government that have bipartisan support, particularly IT modernization, which remains an area of priority spending.Summary and Outlook
概述和展望
"Following our strong year-to-date performance and based on our current visibility for continued favorable business mix and utilization metrics, we are pleased to increase our earnings per share and adjusted EBITDA guidance for full year 2024. Our revised guidance is for GAAP EPS in the range of $5.60 to $5.90 and Non-GAAP EPS of $6.95 to $7.25, up $0.35 from prior guidance and representing year-on-year growth of 32.2% and 9.2%, respectively, at the midpoints. Adjusted EBITDA is now expected to range between $225 million and $235 million, up from our prior guidance of $220 million to $230 million. The midpoint of this range will result in ICF achieving the three-year EBITDA objective we provided at our 2022 Investor Day adjusted for the 2023 divestitures, and we expect to accomplish this with substantially fewer acquisitions than originally contemplated.
“在我們強勁的年度業績和基於當前有利的業務組合和利用率指標方面，我們很高興增加我們的每股收益和調整後的全年EBITDA指導。我們修訂的指導是GAAP每股收益在5.60到5.90美元之間，非GAAP每股收益在6.95到7.25美元之間，比之前的指導高0.35美元，中間點上的同比增長分別爲32.2%和9.2%。調整後的EBITDA現預計將在2.25億到2.35億美元之間，高於我們之前的指導2.2億到2.3億美元。這個區間的中間點將使ICF在實現我們2022年投資者日提供的三年EBITDA目標時考慮到2023年的剝離，並且我們希望在比最初考慮的要少得多的收購幫助下實現這一目標。”
"Our first half results have put us on track to achieve our full year revenue guidance for 2024. Based on our current visibility, we expect our Energy, Environment, Infrastructure and Disaster Recovery client market to show robust growth in the second half of this year, continuing to more than offset results in our Health and Social Programs client market, where gross revenue comparisons have been impacted by lower pass-through revenues. Operating cash flow guidance remains at approximately $155 million.
“上半年的業績爲我們實現全年2024年營收指導目標鋪平了道路。根據我們當前的預見，我們預計我們的能源、環境、基礎設施和災難恢復客戶市場將在今年下半年展現出強勁的增長，繼續抵消我們的健康和社會計劃客戶市場的業績，那裏的毛收入比較由於較低的通行費收入而受到影響。經營現金流指導仍維持在大約1.55億美元左右。”
"A growing backlog and our record business development pipeline of $10.5 billion at the end of the second quarter support our expectations for continued strong growth in 2024 and give us confidence in ICF's ability to continue to grow at a high single-digit rate in the coming years. We are experiencing high demand from commercial clients for our energy and environmental expertise and implementation skills. We have excellent credentials to assist state and local government clients in meeting their planning, resilience and mitigation objectives, as well as supporting their disaster recovery efforts. We also have significantly expanded our capabilities in areas in the federal government that have bipartisan support, particularly IT modernization, which remains an area of priority spending.
“愈來愈多的訂單和我們記錄性的105億美元的業務發展渠道，支持我們對2024年持續強勁增長的期望，並且讓我們對ICF在未來幾年內能以高一位數字的速度繼續增長充滿信心。商業客戶對我們的能源和環保專業知識和實施技能的需求不斷增長。我們具有協助州和地方政府客戶實現其規劃、韌性和緩解目標以及支持其災難恢復努力的卓越資歷。我們還在聯邦政府的一些雙方支持的領域（尤其是IT現代化）顯著擴展了我們的能力，這仍然是重點支出領域。”
"We appreciate the tremendous contributions of our staff in driving the success of ICF by supporting our clients with multi-disciplinary advisory work and cross-cutting implementation skills. Their passion for their work and for the impact it has on society is ICF's 'secret sauce'," Mr. Wasson concluded.
“我們感激我們員工爲ICF成功推動做出的巨大貢獻，通過多學科諮詢工作和橫向實施技能支持我們的客戶。他們對工作的熱情以及它對社會的影響是ICF的“祕密武器”，”
| 1 Non-GAAP EPS, EBITDA, and Adjusted EBITDA are non-GAAP measurements. A reconciliation of all non-GAAP measurements to the most applicable GAAP number is set forth below. GAAP EPS refers to U.S. GAAP Diluted EPS. Non-GAAP EPS refers to Non-GAAP Diluted EPS. Special charges are items that were included within our consolidated statements of comprehensive income but are not indicative of ongoing performance and have been presented net of applicable U.S. GAAP taxes. The presentation of non-GAAP measurements may not be comparable to other similarly titled measures used by other companies. |
| 1 非GAAP每股收益、EBITDA和調整後的EBITDA是非GAAP度量標準。所有非GAAP度量標準與最適用的US GAAP數字的調整表列在下面。GAAP每股收益指US GAAP攤薄每股收益。非GAAP每股收益指非GAAP攤薄每股收益。特別費用是包括在我們的綜合收入報表中的項目，但不是持續業績的表現，並已淨額呈現適用的US GAAP稅款。呈現非GAAP度量標準的方法可能與其他公司使用的同類標題的標準不可比擬。 |
