A carregar...

Advertisement

GEO Group Q3 Revenues Top Estimates; Backs FY23 Revenue Outlook

RTTNews | 556 dias atrás

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.

Etiquetas: GEO

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 | 533 dias atrás

GEO Group Australia Inks Contract For Delivery Of Primary Health Services Across 13 Public Prisons

GEO Group Australia Inks Contract For Delivery Of Primary Health Services Across 13 Public Prisons

Government service provider GEO Group (GEO) announced Monday that its Australian subsidiary, GEO Australia, has entered into a contract with the Department of Justice and Community Safety in the State of Victoria for the delivery of primary health services across 13 public prisons.

RTTNews | 858 dias atrás

FTSE 100 Advances Again

FTSE 100 Advances Again

U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.

RTTNews | 1 h 29 min atrás

Sensex, Nifty End Modestly Lower In Cautious Trade

Sensex, Nifty End Modestly Lower In Cautious Trade

Indian shares ended modestly lower on Friday but logged strong gains for the week, fueled by easing trade and geopolitical tensions.

RTTNews | 1 h 52 min atrás

CAC 40 Advances On Easing Trade Tensions

CAC 40 Advances On Easing Trade Tensions

French stocks are up in positive territory on Friday, extending gains from the previous session, amid easing fears of a trade war. Following announcements of U.S.-UK pact, and U.S.-China deal, reports about a positive progress in the EU bloc's discussions with the U.S. for considerable tariff reductions have bolstered investor sentiment.

RTTNews | 1 h 58 min atrás

DAX Up 0.8%, Looks Set To End Week On Strong Note

DAX Up 0.8%, Looks Set To End Week On Strong Note

German stocks are up firmly in positive territory on Friday, amid easing trade tensions following the U.S.-China deal earlier in the week, and recent reports about a positive progress in the EU bloc's discussions with the U.S. for tariff reductions.

RTTNews | 2 h 16 min atrás

Antipodean Currencies Recovers Amid U.S.-China Trade Deal Optimism

Antipodean Currencies Recovers Amid U.S.-China Trade Deal Optimism

The Antipodean currencies such as the Australia and the New Zealand recovered from recent lows against their major currencies in the Asian session on Friday, amid improved global trade optimism.

RTTNews | 2 h 25 min atrás

European Shares Edge Higher In Cautious Trade

European Shares Edge Higher In Cautious Trade

European stocks traded higher on Friday as a slew of weak U.S. economic data suggested the Federal Reserve may have more leeway to cut interest rates later this year.

RTTNews | 3 h 6 min atrás

Termos | Privacidade | Mapa do SIte | Site Map Calendar

© 2025 Myfxbook Ltd Todos os Direitos Reservados.

AVISO DE ALTO RISCO: A negociação em moeda estrangeira comporta um alto nível de risco que pode não ser adequado para todos os investidores. A vantagem cria risco adicional e exposição a perdas. Antes de decidir negociar em moeda estrangeira, considere cuidadosamente os seus objetivos de investimento, nível de experiência e tolerância ao risco. Pode perder parte ou todo o seu investimento inicial. Não invista dinheiro que não possa perder. Eduque-se sobre os riscos associados à negociação em moeda estrangeira e procure aconselhamento de um consultor financeiro ou fiscal independente se tiver alguma dúvida. Quaisquer dados e informações são fornecidos apenas para fins informativos e não se destinam a fins comerciais ou de consultoria. O desempenho anterior não é indicativo de resultados futuros.