The GEO Group (NYSE:GEO) Issues Quarterly Earnings Results, Misses Estimates By $0.08 EPS

The GEO Group (NYSE:GEO) released its earnings results on Thursday. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08), Zacks reports. The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The business had revenue of $607.72 million during the quarter, compared to the consensus estimate of $607.45 million. The GEO Group updated its FY 2025 guidance to 0.740-0.880 EPS.

The GEO Group Trading Up 6.4 %

Shares of NYSE:GEO opened at $27.43 on Friday. The GEO Group has a 52-week low of $11.50 and a 52-week high of $36.46. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $3.84 billion, a P/E ratio of 94.59, a price-to-earnings-growth ratio of 2.11 and a beta of 0.87. The company has a 50-day simple moving average of $29.42 and a 200 day simple moving average of $22.19.

Wall Street Analysts Forecast Growth

GEO has been the subject of several analyst reports. Northland Securities raised their price objective on The GEO Group from $16.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Wedbush reissued an “outperform” rating on shares of The GEO Group in a research report on Tuesday, December 17th. Finally, Noble Financial lowered The GEO Group from an “outperform” rating to a “market perform” rating in a research report on Monday, November 11th.

About The GEO Group

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.