GEO Stock Recent News

In Q3 2024, The GEO Group posted flat revenue growth and generated $603 million in revenues. Margins showed varied trends, with operating margin deteriorating to 18.91% but net income margin improving to 4.31%. GEO may be in a position to support a possible increase in demand coming from any changes in immigration policy. Investors should not expect capital returns from share repurchases or dividends, as the company remains focus on deleveraging. Additionally, capacity expansion to meet demand may also affect cash liquidity.

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Q3 Production of 16,604 Gold Equivalent Ounces ("GEO") vs 16,255 GEO in Q2 and 11,204 in Q1, 2024. Calandrias Norte high-grade ore supplemented by additional pits extending CIL operation into 2025.

The orders demonstrate the company's wide state-of-the-art ground segment portfolio The orders demonstrate the company's wide state-of-the-art ground segment portfolio

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) published today the Company's sixth annual Human Rights and Environmental, Social & Governance (“ESG”) report. The report includes enhanced disclosures related to our Board oversight of human rights and ESG matters, employee diversity and training programs, corporate governance, and environmental sustainability, including updated metrics and statistics for the calendar year 2023, in accordance with the Universal Standards.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that U.S. Immigration and Customs Enforcement (“ICE”) has exercised the five-year option period extending the contract for the GEO-owned 1,940-bed Adelanto ICE Processing Center in California (the “Adelanto Center”) through December 19, 2029. ICE and GEO entered into a 15-year contract on December 19, 2019, for the provision of secure residential housing and care at the Adelanto Center, consisting of a five-yea.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its third quarter 2024 financial results on Thursday, November 7, 2024 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, November 7, 2024. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Brian R. Evans, Chief Executive Officer, Mark Suchinski, Chief Financial Officer, Wayne Calabrese, President and.

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Geo Group (GEO) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of 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 second quarter and first six months of 2024. Second Quarter 2024 Highlights Total revenues of $607.2 million Net Loss Attributable to GEO of $0.25 per diluted share, refl.