GEO Stock Recent News

This may end up being the most controversial article I write this year: picking out viable ideas regarding market predictions for a Trump presidency. Yeah, as ridiculous as it may appear to roughly half the nation, I believe a good chance exists that former President Donald J.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2023 financial results on Thursday, February 15, 2024 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, February 15, 2024. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Brian R. Evans, Chief Executive Officer, Shayn March, Acting Chief Financial Officer, Wayne Calabrese, Preside.

The revised growth figures for the third quarter underscore the strong American economy. It records a rapid annualized growth rate of 5.2 percent, the highest since 2014.

Q3 financial results show a decrease in revenue and operating income, but progress in reducing debt and strengthening the financial position. The potential passing of bill H.R. 4367 could significantly benefit GEO Group, as they currently hold a monopoly in this market. Politicians will have to tackle illegal immigration issues sooner rather than later, and we believe GEO is uniquely positioned to benefit from it.

The GEO Group, Inc. (NYSE:GEO ) Q1 2023 Results Conference Call November 7, 2023 11:00 AM ET Company Participants Pablo Paez - EVP, Corporate Relations George Zoley - Executive Chairman Jose Gordo - CEO Brian Evans - CFO Wayne Calabrese - COO James Black - President, GEO Secure Services Conference Call Participants Joe Gomes - Noble Capital Brian Violino - Wedbush Securities Brendan McCarthy - Sidoti Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital Jordan Hymowitz - Philadelphia Financial Operator Good day and welcome to the GEO Group Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

The United States House of Representatives approved a $92 billion bill mandating GPS tracking for non-detained aliens. This move could spike Michael Burry‘s $5 million bet on Geo Group Inc (NYSE: GEO), a dominant GPS tracking device company.

Earlier this year, ‘Big Short' investor Michael Burry made significant changes to his investment portfolio. In the most recent regulatory filings in mid-August, it was revealed that he dumped a dozen bullish positions, including high-profile stocks like Alibaba (NYSE: BABA), JD.com (NASDAQ: JD), and Zoom (NASDAQ: ZM).

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its third quarter 2023 financial results on Tuesday, November 7, 2023 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Tuesday, November 7, 2023. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Jose Gordo, Chief Executive Officer, Brian R. Evans, Senior Vice President and Chief Financial Officer, Wayne Calab.

There are many advantages to investing in small-cap stocks. These companies are typically more established than the companies within the microcap stocks category (stocks with a market cap of $300 million or less).

The GEO Group's stock has undergone a severe valuation expansion in recent years. Ongoing catalysts, such as deleveraging efforts, the surge in illegal migration, and robust profitability in electronic monitoring, are reshaping the trajectory of the stock. This could mark the start of a stock valuation upswing, particularly as the likelihood of resumed capital returns grows more plausible over time.