GEO News and Press, Geo Group Inc REIT From 08/15/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Geo Group (NYSE: GEO ) are at the center of attention after Michael Burry’s Scion Asset Management reported the company as its only second-quarter 13F holding , selling off all other stocks. Today ...

Sold all his previous US stocks - everything from tech to oil. Closed out his large position in Apple puts. Added shares in one distressed real estate firm. Michael Burry's claim to fame was his prescient call on mortgage-backed securities (and the housing market in gene...

Michael Burry's SEC F13 filing for the June quarter reveals that he sold his entire portfolio, except GEO Group. The GEO Group, Inc. is the world’s second largest private "prison company." In my opinion, GEO Group is arguably a classical example of a cigar butt as defined b...

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The GEO Group, Inc. (NYSE: GEO). The Company has been the subject of several lawsui...

Inflation and the better than feared earnings season dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. Inflation is softening in July and markets have started to rally again. U...

2Q22 Results. Sounding like a broken record, GEO posted above expected operating results for 2Q22. Revenue for the quarter came in at $588.2 million, up from $565.4 million a year ago. Adjusted EBITDA totaled $132.3 million, AFFO was $0.69 per diluted share, EPS was $0.37, and adjusted net inc...

The GEO Group, Inc. (GEO) Q2 2022 Earnings Conference Call August 2, 2022 11:00 ET Company Participants Pablo Paez - Executive Vice President, Corporate Relations George Zoley - Executive Chairman Jose Gordo - Chief Executive Officer Brian Evans - Chief Finan...

GEO Group press release ( NYSE: GEO ): Q2 FFO of $0.69 beats by $0.39 ; Non-GAAP EPS of $0.42 beats by $0.11 . Revenue of $588.18M (+4.0% Y/Y) beats by $26.68M . FY2022 net income to be between $158M and $166M on annual revenues of approximately $2.35B...

GEO Group ( NYSE: GEO ) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, before market open. The consensus EPS Estimate is $0.31 (-46.6% Y/Y) and the consensus Revenue Estimate is $561.5M (-0.7% Y/Y). Over the last 2 years, GEO has beaten EPS esti...

GEO Group has announced its refinancing plans. As part of this effort, you will receive an "exchange offer" if you own the current 2023 or 2024 bonds. We break down the exchange offer pros/cons. Co-produced with Beyond Saving The GEO Group ( GEO ) has ann...