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Markets were mixed on Wednesday, but small-cap stocks did well. Hayward will become part of the S&P SmallCap 600 index.
Made famous from the film “The Big Short,” the reclusive investor undergirding Michael Burry stocks is a difficult nut to crack. For some folks – including those high up on Wall Street – Burry is a one-trick pony.
GEO Group's (GEO) second-quarter results reflect better-than-expected revenues for the quarter, though an increase in net interest expenses acts as a dampener.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2023 financial results on Wednesday, August 9, 2023 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Wednesday, August 9, 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 Cala.
The GEO Group has seen a prolonged decline in its stock price due to the very nature of its business model, rising interest rates, and lack of capital returns. That said, the company has been making significant progress with deleveraging, while capital returns could be resumed once management's deleveraging targets are met (2024-end). GEO's operating results could continue improving, backed by the expiration of Title 42 and the rapid growth of its electronic monitoring offerings.
Investors need to pay close attention to The Geo Group (GEO) stock based on the movements in the options market lately.
Geo Group, a REIT that owns prisons and other government buildings, reported mixed results for Q1. The company's results were impacted by rising interest rates.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2023 financial results on Tuesday, April 25, 2023 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Tuesday, April 25, 2023. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Jose Gordo, Chief Executive Officer, Brian R.
ASLE, FINW and GEO have been added to the Zacks Rank #5 (Strong Sell) List on April 17, 2023.
ASLE, CBAN and GEO have been added to the Zacks Rank #5 (Strong Sell) List on April 10, 2023.