ICF International (ICFI) falls after first-quarter revenue, earnings miss estimates

ICF International (NASDAQ: ICFI) shares closed down 6.6% at $69.56 after the consulting firm reported first-quarter 2026 revenue and adjusted earnings below Wall Street expectations. Revenue fell 10.3% year over year to $437.5 million, missing analyst estimates of $448.6 million. Adjusted earnings per share were $1.50, below the expected $1.55. The dual miss and sharp sales decline drove the stock as much as 8% lower during the session. ICF shares are down 18.5% in 2026 and trade 30.8% below their 52-week high of $100.58 reached in September 2025. The latest move was notable for a stock that has recorded only six daily swings of more than 5% over the past year.