The GEO Group Inc. Reports Retreat In Q1 Bottom Line

The GEO Group Inc. (GEO) revealed earnings for first quarter that decreased from the same period last year

The company's earnings came in at $38.22 million, or $0.26 per share. This compares with $50.54 million, or $0.41 per share, in last year's first quarter.

The company's revenue for the quarter fell 4.4% to $551.19 million from $576.38 million last year.

The GEO Group Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $38.22 Mln. vs. $50.54 Mln. last year.
-EPS (Q1): $0.26 vs. $0.41 last year.
-Revenue (Q1): $551.19 Mln vs. $576.38 Mln last year.

Next quarter EPS guidance: Adj; $0.30 - $0.32
Full year EPS guidance: Adj; $1.17 to $1.27

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