GEO News and Press, Geo Group Inc REIT From 02/14/23

Shares of The GEO Group (NYSE: GEO) were pulling back today after the private-prison real estate investment trust ( REIT ) beat estimates on the top line but missed on the bottom line in the fourth quarter. Guidance also called for flat growth in 2023. After the stock surged over ...

Geo Group ( NYSE: GEO ) shares dropped as much as 13.6% in Tuesday morning trading as investors priced in the private prison operator's 2023 revenue guidance with a midpoint that missed Wall Street expectations. Still, the company turned in stronger-than-expected sales for the fourth ...

GEO Group press release ( NYSE: GEO ): Q4 Non-GAAP EPS of $0.34 beats by $0.09 . Revenue of $620.7M (+11.3% Y/Y) beats by $16.3M . Adjusted EBITDA of $145.5M. 2023 Financial Guidance : "Today, we issued our initial financial guidance for 2023. We expect full ye...

Summary GEO is finally emerging from its downtrend and is facing the challenging breakout into stage two, a stage that offers the highest returns to investors. The stock retraced as expected and is forming its last leg of this Elliott upward impulse sequence. In this technical artic...

Summary As discussions about the trillion-dollar debt ceiling question intensify on Capitol Hill, we bring you one of our budget-spending-oriented trading strategies. While the largest and most unique government contracts catch media outlets' attention, most contracts end up being out o...

Summary Michael Burry just sent a scary warning. He thinks that the country is broke and that the rally will be short-lived. But he is not just sitting on cash. We review Michael Burry's portfolio holdings. Michael Burry is one of the most successful short sellers of all t...

Earnings Release Scheduled for Tuesday, February 14, 2023 Before the Market Opens Conference Call Scheduled for Tuesday, February 14, 2023 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2022 financial results on Tuesday, F...

Summary Shares of The GEO Group have more than doubled since the dividend was cut. The leadership team appears to be taking appropriate actions despite the difficulties. That said, it might be an ideal time to lock some profits. The days when The GEO Group ( GEO ) was ...

GEO Group's ( NYSE: GEO ) Australian subsidiary, GEO Australia, has entered into a contract with the Department of Justice and Community Safety in the State of Victoria for the delivery of primary health services across 13 public prisons. The contract will commence on Ju...

The GEO Group (NYSE: GEO) (“GEO”) announced today that its Australian subsidiary, GEO Australia, has entered into a contract with the Department of Justice and Community Safety in the State of Victoria for the delivery of primary health services across 13 public prisons. The contr...