ICF International: Buy Rating Reaffirmed Amid Post-Shutdown Optimism and Attractive ValuationWe are raising estimates to account for the end of the government shutdown, which occurred on November 12. Management’s fourth-quarter guidance assumed the shutdown would extend to the end of the quarter, impacting revenue by $25 million and gross profit by $7.5 million. We therefore are raising our revenue by $12 million, gross profit by $3.8 million, and adjusted EPS by $0.01. Our estimates for 2026 have not changed.