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Geo Group Inc (GEO.N)

GEO.N on New York Stock Exchange

18.57USD
17 Jul 2019
Change (% chg)

$-0.09 (-0.48%)
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Volume
413,782
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Latest Key Developments (Source: Significant Developments)

Geo Group Announces Increases In Minimum Starting Wages For Its Correctional And Detention Officers Across U.S
Monday, 13 May 2019 

May 13 (Reuters) - Geo Group Inc ::THE GEO GROUP ANNOUNCES INCREASES IN MINIMUM STARTING WAGES FOR CORRECTIONAL AND DETENTION OFFICERS ACROSS ITS U.S. CORRECTIONS AND DETENTION FACILITIES.GEO GROUP INC - GEO WILL FURTHER INCREASE MINIMUM STARTING WAGE RATE TO $14.00 PER HOUR BY JANUARY 1, 2020.GEO GROUP INC - GEO WILL FURTHER INCREASE MINIMUM STARTING WAGE RATE TO $15.00 PER HOUR BY JANUARY 1, 2021..  Full Article

Geo Group Posts Q1 Revenue $610.7 Mln
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Geo Group Inc ::THE GEO GROUP REPORTS FIRST QUARTER 2019 RESULTS.SEES FY 2019 ADJUSTED FFO PER SHARE $2.64 TO $2.70.SEES Q2 2019 ADJUSTED FFO PER SHARE $0.65 TO $0.67.Q1 ADJUSTED FFO PER SHARE $0.67.SEES FY 2019 REVENUE ABOUT $2.47 BILLION.SEES Q2 2019 REVENUE $607 MILLION TO $612 MILLION.Q1 REVENUE $610.7 MILLION VERSUS $564.9 MILLION.UPDATED FY19 AFFO GUIDANCE OF $2.64-$2.70 PER DILUTED SHARE.UPDATED FY19 GUIDANCE FOR NET INCOME ATTRIBUTABLE TO GEO OF $1.42-$1.48 PER DILUTED SHARE.UPDATED FY19 GUIDANCE FOR ADJUSTED NET INCOME OF $1.44 TO $1.50 PER DILUTED SHARE.  Full Article

The GEO Group Reports Fourth Quarter And Full-Year 2018 Results
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Geo Group Inc ::THE GEO GROUP REPORTS FOURTH QUARTER AND FULL-YEAR 2018 RESULTS.SEES FY 2019 ADJUSTED FFO PER SHARE $2.50 TO $2.60.Q4 ADJUSTED FFO PER SHARE $0.65.SEES FY 2019 REVENUE ABOUT $2.4 BILLION.SEES Q1 2019 REVENUE $601 MILLION TO $606 MILLION.Q4 REVENUE $599.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $588.9 MILLION.SEES Q1 2019 ADJUSTED FFO PER SHARE $0.59 TO $0.61.Q4 2018 NORMALIZED FUNDS FROM OPERATIONS $0.51 PER DILUTED SHARE.ISSUED ITS INITIAL FINANCIAL GUIDANCE FOR FULL-YEAR AND Q1 2019.EXPECTS FULL-YEAR 2019 ADJUSTED EBITDA TO BE IN A RANGE OF $464 MILLION TO $476 MILLION DOLLARS.  Full Article

Geo Group Reports Q3 Adjusted FFO Per Share Of $0.65
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Geo Group Inc ::THE GEO GROUP REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED FFO PER SHARE $0.65.SEES FY 2018 REVENUE ABOUT $2.3 BILLION.SEES Q4 2018 REVENUE $587 MILLION TO $592 MILLION.Q3 REVENUE $583.5 MILLION VERSUS I/B/E/S VIEW $588.4 MILLION.SEES Q4 2018 ADJUSTED FFO PER SHARE $0.65 TO $0.67.FY18 GUIDANCE FOR NET INCOME ATTRIBUTABLE TO GEO OF $1.25-$1.27.SEES FY AFFO OF $2.47-$2.49 PER DILUTED SHARE.SEES FY ADJUSTED NET INCOME OF $1.35-$1.37.Q3 NORMALIZED FFO OF $0.52 PER DILUTED SHARE.3Q18 NET INCOME ATTRIBUTABLE TO GEO OF $0.33 PER DILUTED SHARE.3Q18 ADJUSTED NET INCOME OF $0.38 PER DILUTED SHARE.SEES Q4 2018 NET INCOME ATTRIBUTABLE TO GEO TO BE IN A RANGE OF $0.32 TO $0.34 PER DILUTED SHARE.SEES Q4 2018 ADJUSTED NET INCOME IN A RANGE OF $0.35 TO $0.37 PER DILUTED SHARE.Q4 2018 GUIDANCE FOR AFFO IN A RANGE OF $0.65 TO $0.67 PER DILUTED SHARE.  Full Article

Geo Group Says Board Expanded Size To Seven Members
Thursday, 12 Jul 2018 

July 11 (Reuters) - Geo Group Inc ::GEO GROUP INC SAYS EFFECTIVE JULY 6 BOARD EXPANDED SIZE OF BOARD TO SEVEN MEMBERS - SEC FILING.  Full Article

Geo Group Q4 Adjusted FFO Per Share $0.67
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Geo Group Inc ::THE GEO GROUP REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS AND ANNOUNCES $200 MILLION STOCK REPURCHASE PROGRAM.SEES FY 2018 ADJUSTED FFO PER SHARE $2.40 TO $2.50.Q4 ADJUSTED FFO PER SHARE $0.67.SEES FY 2018 REVENUE ABOUT $2.3 BILLION.SEES Q1 2018 REVENUE $556 MILLION TO $561 MILLION.Q4 REVENUE $569 MILLION VERSUS $566.6 MILLION.SEES Q1 2018 ADJUSTED FFO PER SHARE $0.55 TO $0.57.QTRLY ‍NORMALIZED FFO OF $0.52 PER DILUTED SHARE​.QTRLY GAAP RESULTS INCLUDE $9.6 MILLION CHARGE RELATED TO RE-MEASUREMENT OF NET DEFERRED TAX ASSETS AS A RESULT OF TAX CUTS AND JOBS ACT.‍APPROVED A STOCK REPURCHASE PROGRAM OF UP TO $200.0 MILLION OF GEO'S COMMON STOCK THROUGH OCTOBER 20, 2020​.GEO GROUP - ‍STOCK REPURCHASE PROGRAM WILL BE FUNDED PRIMARILY WITH CASH ON HAND, FREE CASH FLOW, AND BORROWINGS UNDER GEO'S REVOLVING CREDIT FACILITY​.  Full Article

The Geo Group Q3 adjusted FFO per share $0.63
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Geo Group Inc ::The Geo Group reports third quarter 2017 results.Q3 adjusted FFO per share $0.63.Sees Q4 2017 revenue $557 million to $562 million.Sees FY 2017 revenue about $2.25 billion.Q3 revenue $566.8 million versus I/B/E/S view $556.3 million.Sees FY 2017 adjusted FFO per share $2.52 to $2.54.Sees Q4 2017 adjusted FFO per share $0.63 to $0.65.Geo Group Inc qtrly ‍normalized FFO of $0.48 per diluted share​.Q3 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $1.92 -- Thomson Reuters I/B/E/S.  Full Article

Geo Group Inc files for potential mixed shelf offering
Saturday, 21 Oct 2017 

Oct 20 (Reuters) - Geo Group Inc ::Geo Group Inc files for potential mixed shelf offering; size not disclosed .  Full Article

The GEO Group declares quarterly cash dividend of $0.47 per share
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - GEO Group Inc :The GEO Group declares quarterly cash dividend of $0.47 per share.  Full Article

Geo Group reports Q2 adjusted FFO per share $0.61
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Geo Group Inc :The Geo Group reports second quarter 2017 results.Q2 adjusted FFO per share $0.61.Sees Q3 2017 revenue $554 million to $559 million.Sees Q4 2017 revenue $557 million to $562 million.Q2 revenue $577.1 million versus I/B/E/S view $584.7 million.Sees Q4 2017 adjusted FFO per share $0.63 to $0.65.Sees Q3 2017 adjusted FFO per share $0.61 to $0.63.Sees FY 2017 adjusted FFO per share $2.50 to $2.54.Sees FY 2017 revenue about $2.24 billion.Geo Group - During Q3 , expects utilization rates at its ice facilities to improve sequentially from Q2 2017 but to be slightly below previously projected levels.Geo Group Inc - Q3 2017 guidance also reflects discontinuation of Geo care's family case management pilot program under contract with ICE.FY2017 FFO per share view $1.98 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.50 -- Thomson Reuters I/B/E/S.Q3 revenue view $579.0 million -- Thomson Reuters I/B/E/S.Q2 revenue view $584.7 million -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.  Full Article

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Presidential hopeful Booker vows to end 'moral vandalism' of Trump immigration policy

Democratic presidential candidate Cory Booker would "virtually eliminate immigration detention" if elected, his campaign said on Tuesday, including ending the use of for-profit detention facilities and minimizing the time unaccompanied children spend in custody.