GEO News and Press, Geo Group Inc REIT From 08/15/23

2023-08-15 06:53:21 ET Summary After laying low, recent 13-F filings show that Michael Burry has placed huge short bets on the S&P 500 and NASDAQ 100, with over $1.6 billion in notional value. Burry appears to be betting on a sharp decline in stocks happening soon, particularl...

2023-08-09 16:30:23 ET Image source: The Motley Fool. Geo Group (NYSE: GEO) Q2 2023 Earnings Call Aug 09, 2023 , 11:00 a.m. ET Operator Continue reading For further details see: Geo Group (GEO) Q2 2023 Earnings Call Transcript

2023-08-09 12:30:09 ET The GEO Group, Inc. (GEO) Q2 2023 Earnings Conference Call August 09, 2023 11:00 AM ET Company Participants Pablo Paez - Executive Vice President, Corporate Relations George Zoley - Executive Chairman Brian Evans - Chief Financial Officer ...

2023-08-09 06:05:39 ET GEO Group press release ( NYSE: GEO ): Q2 Non-GAAP EPS of $0.24 beats by $0.04 . Revenue of $593.9M (+1.0% Y/Y) beats by $5.63M . Adjusted EBITDA of $129.0 million. Outlook: We expect full-year GAAP Net Income to be between $95 mi...

2023-08-08 11:43:48 ET GEO Group ( NYSE: GEO ) is scheduled to announce Q2 earnings results on Wednesday, August 9, before market open. The consensus EPS estimate is $0.20 (-52.4% Y/Y) and the consensus revenue estimate is $588.27M (flat Y/Y). Over the last 2 years, GE...

2023-08-08 09:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw positive returns of around 3% in July. The Federal Reserve approved a quarter point interest rate hike to 5.5% to combat rising inflation. The inflation rate for the United States was 3.0% for the...

2023-08-01 10:04:26 ET Summary Private prison operator GEO Group is a cheap stock that could see an earnings benefit from an increase in immigrant processing at the U.S. southern border. Despite President Biden's executive order against private prisons, only 20% of GEO's revenue i...

Earnings Release Scheduled for Wednesday, August 9, 2023 Before the Market Opens Conference Call Scheduled for Wednesday, August 9, 2023 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2023 financial results on Wednesday, A...

2023-07-19 15:55:17 ET Summary GEO stock has underperformed significantly over the last decade, with shares falling more than 68% since 2013. The underperformance can be attributed to Biden Administration's executive order to stop renewing contracts with privately-operated, for-pr...

2023-07-18 09:15:46 ET Summary The broad S&P500 edged up 1.2% in June, while the Dow Jones rose slightly by 0.8% during the month. Investment activity in June picked up significantly from May, with net investments totaling around $2,200, primarily targeted towards the financia...