Picture of Geo logo

GEO Geo News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousLarge CapSuper Stock

Geo Group Inc reports results for the quarter ended March 31 - Earnings Summary

Geo Group Inc GEO.N reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 18 cents.  The mean expectation of five analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 16 cents to 20 cents per share.

Revenue fell 0.2% to $604.65 million from a year ago; analysts expected $611.81 million.

Geo Group Inc's reported EPS for the quarter was 14 cents​.

The company reported quarterly net income of $19.56 million.

Geo Group Inc shares had risen by 4.0% this quarter and gained 8.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 32.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Geo Group Inc is $46.00

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.180.14Missed
Dec. 31 20240.230.13Missed
Sep. 30 20240.240.21Missed
Jun. 30 20240.160.23Beat

Recent news on Geo

See all news