GEO News and Press, Geo Group Inc REIT From 08/04/21

Shares of GEO Group (NYSE: GEO) were jumping 10% higher in afternoon trading after the private prison operator reported second-quarter earnings that beat analyst expectations. GEO Group, which is organized as a real estate investment trust, or REIT, reported adjusted funds from ...

Gainers: eXp World Holdings (NASDAQ:EXPI) +34%. Landmark Infrastructure Partners (NASDAQ:LMRK) +13%. The GEO Group (NYSE:GEO) +11%. Regional Management (NYSE:RM) +11%. Jones Lang LaSalle (NYSE:JLL) +10%. Losers: Western Asset Mortgage Capital (NYSE:WMC) -12%. Elevate Credit (NYSE:ELVT) -12%. ...

GEO Group (NYSE:GEO): Q2 FFO of $0.58 beats by $0.08; AFFO of $0.70 per diluted share. Revenue of $565.42M (-3.8% Y/Y) beats by $4.24M. Updated 2021 Guidance: Net Income Attributable to GEO of $167.5-$174.5 Million; Adjusted EBITDAre of $441.5-$448.5 Million; AFFO of $2.51...

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The GEO Group, Inc. is undergoing a strategic review of its REIT structure after the Biden administration banned contract renewals with private detention facilities at the federal level. The company has already suspended its dividend and seems likely to shed some assets to reduce its ...

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

Dividend and income investing is more popular than ever. But I've found there are many drawbacks to the strategy. This article explains the many reasons why I have not chosen a dividend or income strategy. For further details see: 12 Reasons I'm Not A Dividend Investor ...

We're now at the halfway point of another newsworthy real estate earnings season. Results have so far been as impressive as any REIT earnings season in recent memory. Roughly 95% of REITs have topped consensus earnings estimates, and of the 44 REITs that provide full-year funds from o...

Earnings Release Scheduled for Wednesday, August 4, 2021 Before the Market Opens Conference Call Scheduled for Wednesday, August 4, 2021 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2021 financial results o...

The GEO Group is one of the largest private prison operators in the US. The company has largely depended on the US government's contracts for its business and was particularly affected by the Biden Administration's executive orders. While we think the GEO Group looks cheap, we giv...