The earnings call highlighted significant growth opportunities, strong financial results, and strategic initiatives like new contracts and debt reduction. However, operational challenges such as start-up expenses and stable ISAP participation numbers were noted. Overall, the positives outweigh the negatives, reflecting a strong strategic position moving forward.

Company Guidance -

Q3 2025

During The GEO Group's second quarter 2025 earnings call, the company provided detailed guidance and updates on its operations and financial outlook. They reported a net income of $29 million, or $0.21 per diluted share, on revenues of approximately $636 million, surpassing previous guidance. Adjusted net income was $31 million, with adjusted EBITDA at $119 million, consistent with the prior year's second quarter. The company highlighted significant revenue potential from new ICE contracts, expecting over $240 million in annualized revenues from four activated facilities, with additional opportunities from 5,900 idle high-security beds that could generate up to $310 million. GEO's growth strategy includes a $300 million stock buyback program and continued debt reduction, targeting $100 million annually. They anticipate stable ISAP participant numbers for the remainder of 2025, with potential growth aligned with ICE's detention capacity maximization efforts. Additionally, their transportation subsidiary is poised for growth, potentially adding $40 million to $50 million in annualized revenues. Overall, GEO Group is strategically positioning itself to capitalize on unprecedented growth opportunities in the federal detention and monitoring sector.

New Contracts and Facility Activations

GEO Group entered into multiple contracts with ICE, including a 15-year contract for Delaney Hall Facility and a 2-year contract for North Lake Facility. These contracts are expected to generate over $145 million in annualized revenues.

Record ICE Utilization

Utilization of ICE beds increased to 20,000, the highest level in the company's history, representing more than one-third of the nationwide ICE detention capacity.

Financial Performance and Guidance

Second quarter revenue of $636 million exceeded guidance, with a net income of $29 million. Full-year 2025 GAAP net income guidance increased to $1.99 to $2.09 per share.

Significant Debt Reduction

The sale of the Lawton Facility for $312 million allowed GEO to reduce its total net debt to approximately $1.47 billion and improve its capital structure.

Share Repurchase Program

A $300 million stock buyback program was authorized, indicating confidence in the company's valuation and commitment to enhancing shareholder value.

Geo Group (GEO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GEO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.24 / -	0.21	―	―	―
Aug 06, 2025	2025 (Q2)	0.17 / 0.22	0.23	-4.35% (-0.01)
May 07, 2025	2025 (Q1)	0.19 / 0.14	0.18	-22.22% (-0.04)
Feb 27, 2025	2024 (Q4)	0.22 / 0.13	0.29	-55.17% (-0.16)
Nov 07, 2024	2024 (Q3)	0.24 / 0.21	0.19	10.53% (+0.02)
Aug 07, 2024	2024 (Q2)	0.26 / 0.23	0.24	-4.17% (>-0.01)
May 07, 2024	2024 (Q1)	0.20 / 0.18	0.22	-18.18% (-0.04)
Feb 15, 2024	2023 (Q4)	0.17 / 0.29	0.34	-14.71% (-0.05)
Nov 07, 2023	2023 (Q3)	0.19 / 0.19	0.33	-42.42% (-0.14)
Aug 09, 2023	2023 (Q2)	0.20 / 0.24	0.42	-42.86% (-0.18)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GEO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$25.84	$22.88	-11.46%
May 07, 2025	$30.37	$27.32	-10.04%
Feb 27, 2025	$25.78	$27.34	+6.05%
Nov 07, 2024	$21.50	$24.43	+13.63%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.