From its administration of the New Orleans Road Home Housing Program to its central involvement in the military's Focused Logistics Wargame effort, there is a firm in Fairfax, Virginia that government agencies and corporations turn to for help with the big problems.

ICF International Inc. (NASDAQ: ICFI) provides consulting and technology services to government and commercial clients in matters pertaining to energy, the environment, transportation, social programs, defense and homeland security. Offerings include economic and policy analyses, regulatory studies, market assessments, Web application development, geospatial information systems, data warehousing and e-government services. The firm serves clients worldwide, but it gets more than 70% of its revenue from U.S. government agencies.

The company surprised Wall Street last week, when it reported Q4 EPS of 65 cents and revenues of $113.9 million. Analysts had been expecting 30 cents and $99.97 million. Management also guided Q1 revenues to $125-$135 million ($96.94M consensus) and FY07 revenues to $480-$520 million ($398.99M consensus). The firm cited a high backlog level in support of the favorable outlook. Jefferies subsequently reiterated its "buy" rating on the stock and boosted its price target to $23.

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ICF International: Consultants to governments and corporations originally appeared on BloggingStocks on Wed, 28 Mar 2007 14:09:00 EST. Please see our terms for use of feeds.