GEO (GEO) News & Sentiment

Strong Fourth Quarter Performance (in U.S. dollars unless otherwise noted) TORONTO , March 10, 2025 /PRNewswire/ - "Our portfolio delivered a strong fourth quarter resulting in GEO sales for the year that were near the top end of our revised GEO guidance range," stated Paul Brink, CEO. "Elevated gold prices drove higher quarterly revenue, Adjusted EBITDA and Adjusted Net Income compared to Q4 2023, even without a contribution from Cobre-Panama.

The GEO Group, Inc. (NYSE:GEO ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Pablo Paez - EVP, Corporate Relations George Zoley - Executive Chairman Mark Suchinski - CFO David Donahue - CEO Wayne Calabrese - President and COO Conference Call Participants Matthew Erdner - JonesTrading Jay McCanless - Wedbush Securities Greg Gibas - Northland Securities Brendan McCarthy - Sidoti Joshua Zoepfel - Noble Capital Markets Jordan Hymowitz - Philadelphia Financial Operator Good day and welcome to The GEO Group Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

Geo Group (GEO) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.29 per share a year ago.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it has been awarded a 15-year, fixed-price contract by U.S. Immigration and Customs Enforcement (“ICE”) to provide support services for the establishment of a federal immigration processing center at the company-owned, 1,000-bed Delaney Hall Facility (the “Facility”) in Newark, New Jersey. GEO's support services include the exclusive use of the Facility by ICE, along with security, m.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Total revenues of $607.7 million Net Income of $15.5 million Net Income Attributable to GEO o.

President Trump's deregulation policies and immigration reforms have significantly boosted GEO Group's stock, making it a top performer in his 2nd term. GEO Group's history of government contracts and adaptability to political changes position it well for future growth under Trump's administration. The revocation of Biden's executive order and the increased need for detention facilities ensure GEO Group's strategic advantage and potential profitability.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2024 financial results on Thursday, February 27, 2025 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, February 27, 2025. Hosting the call for GEO will be George Zoley, Executive Chairman of the Board, J. David Donahue, Chief Executive Officer, Wayne Calabrese, President and Chief Operating Officer, and Mark Suchi.

While much has been said about big tech and big oil as sectors likely to see major benefits from the second Trump administration, the private prison industry – sometimes referred to as the prison-industrial complex – has been, in many ways, leading the stock market charge since November 2024.

Donald Trump's election as the 47th president of the United States had a significant impact on the stock market, as investors speculated on which companies would benefit or suffer under his leadership.