GEO Group Q3 Revenues Top Estimates; Backs FY23 Revenue Outlook

RTTNews | hace 555
Stocktwits
GEO Group Q3 Revenues Top Estimates; Backs FY23 Revenue Outlook

(RTTNews) - The GEO Group, Inc. (GEO) reported Tuesday that net income attributable to the company for the third quarter declined to $24.52 million or $0.16 per share from $38.34 million or $0.26 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $0.19 per share, compared to $0.33 per share in the year-ago quarter.

Total revenues for the quarter decreased to $602.8 million from $616.7 million in the same quarter last year.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.19 per share on revenues of $595.29 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company updated its outlook to reflect its updated expectations regarding the U.S. Department of Homeland Security's Intensive Supervision and Appearance Program.

Looking ahead to the fourth quarter, the company expects net income in a range of $19 million to $24 million on revenues between $590 million and $600 million. Previously, the company projected net income in the range of $19 million to $27 million on revenues between $595 million and $610 million. Analysts expect earnings of $0.21 per share on revenues of $606.76 million for the quarter.

For fiscal 2023, the company now projects earnings in a range of $0.80 to $0.85 per share on revenues of approximately $2.4 billion. Previously, the company expected earnings in the range of $0.78 to $0.89 per share on revenues of approximately $2.4 billion.

The Street is looking for earnings of $0.86 per share on revenues of $2.40 billion for the year.

Tags: GEO
Stocktwits
read more
GEO Group Promotes CFO Brian Evans To Succeed Jose Gordo As CEO

GEO Group Promotes CFO Brian Evans To Succeed Jose Gordo As CEO

The GEO Group, Inc. (GEO) announced Thursday that Chief Executive Officer Jose Gordo will be departing as Chief Executive Officer and as a Board member on mutually agreeable terms and transitioning to the role of an advisor, effective December 31, 2023.
RTTNews | hace 532
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews | hace 3 minutos
Swiss Market Shrugs Off Weak Start, Ends On Firm Note

Swiss Market Shrugs Off Weak Start, Ends On Firm Note

After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note. Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
RTTNews | hace 1h 46min
Major European Markets Recover After Early Setback, Close On Firm Note

Major European Markets Recover After Early Setback, Close On Firm Note

Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
RTTNews | hace 2h 3min
U.S. Business Inventories Inch Up Slightly Less Than Expected In March

U.S. Business Inventories Inch Up Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
RTTNews | hace 3h 18min
TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
RTTNews | hace 3h 23min
U.S. Homebuilder Confidence Unexpectedly Slumps In May

U.S. Homebuilder Confidence Unexpectedly Slumps In May

Reflecting growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook, the National Association of Home Builders released a report on Thursday showing an unexpected slump by U.S. homebuilder confidence in the month of May.
RTTNews | hace 3h 33min
Herramientas
Calendario económico
Market Hours
Interest Rates
Holidays Calendar
Mercados Forex
Volatilidad Forex
Correlación Forex
Noticias del Forex
forex analysis
Datos COT
Liquidez
Calculadoras Forex
Heat Map del Forex
Indicators Heatmap
Comunidad
Comunidad
Sistemas
Sistemas más populares
Estrategias
Concursos
Gráficos Forex
Sentimiento Forex
Indicador de perspectivas
Revisiones
Corredores de bolsa
Prop Trading Firms
Servicios SPV
Proveedor de señales
Servicios de programación de AE
Affiliate Programs
Servicios de corretaje PAMM
Servicios de programas de rebaja
Plataformas de trading
Asesores Expertos
Exchanges de Criptomonedas
Trading Courses
Corredores de bolsa
Spreads de Forex
Cotizaciones de los corredores de Forex
Swaps de corredores de Forex
Volumen del corredor Forex
Promociones de corredores Forex Press Release
Plataforma
Widgets
Funciones
API
RSS
Stock Portfolio
Affiliate Software
Gráficos avanzados
Soporte
FAQ
Ayuda
Póngase en contacto con nosotros
¡Informar de un error!
Acerca de
Blog
© 2025 Myfxbook Ltd. Todos los Derechos Reservados.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.