The GEO Group Inc. (GEO) released a profit for its first quarter that Increases, from last year
The company's bottom line totaled $38.33 million, or $0.29 per share. This compares with $19.55 million, or $0.14 per share, last year.
Excluding items, The GEO Group Inc. reported adjusted earnings of $38.62 million or $0.29 per share for the period.
The company's revenue for the period rose 16.6% to $705.21 million from $604.65 million last year.
The GEO Group Inc. earnings at a glance (GAAP) :
-Earnings: $38.33 Mln. vs. $19.55 Mln. last year.-EPS: $0.29 vs. $0.14 last year.-Revenue: $705.21 Mln vs. $604.65 Mln last year.
-Guidance:Next quarter EPS guidance: $ 0.25 To $ 0.29Next quarter revenue guidance: $ 715 M To $ 725 MFull year EPS guidance: $ 1.15 To $ 1.25Full year revenue guidance: $ 2.95 B To $ 3.10 B
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.