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Geo Group (GEO)
NYSE:GEO
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.23Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -11.23%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of significant new contract wins and future growth opportunities, contrasted by current high expenses and challenges in the Electronic Monitoring segment. The company is actively preparing for anticipated growth, but current financials reflect a transitional phase.Company Guidance
During the first quarter of 2025 earnings call, GEO Group updated its financial guidance for 2025, showcasing a strategic focus on future growth. The company expects a tale of two halves for the year, with higher overhead and operating expenses in the first half and anticipated revenue growth in the second half. GEO Group has announced significant contract awards, including a 15-year contract for Delaney Hall in New Jersey, expected to generate over $60 million in annual revenues, and a phased activation contract in Michigan for Northlake, with potential revenues exceeding $70 million annually. The company increased its detention bed capacity with ICE from approximately 20,000 to 23,000 beds, and ICE detention levels nationwide are currently about 48,000 beds. GEO expects to reduce net debt by $150 million to $175 million in 2025, aiming for total net leverage of approximately 3.3x adjusted EBITDA. Furthermore, the company is exploring a potential sale of a facility in Oklahoma for $312 million and plans to repurpose another facility in New Mexico, signifying its commitment to strategic capital allocation and positioning for future growth opportunities.New Contract Awards with ICE
Entered into a 15-year contract in New Jersey and a letter contract in Michigan, expected to generate over $130 million in annualized revenues. New facilities will increase total capacity under contract with ICE from approximately 20,000 to 23,000 beds.
Debt Reduction Initiatives
Expected net debt reduction for 2025 between $150 million and $175 million, with total net debt estimated to be $1.54 billion by year-end.
Operational and Audit Success
57 audits completed successfully, including 6 facilities receiving ACA accreditation with an average score of 99.6%.
Significant Revenue Potential
Potential to generate between $800 million and $1 billion in annualized revenues from new opportunities, with $130 million already announced.
GEO Earnings History
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 |
|---|---|---|---|
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% |
Aug 07, 2024 | $12.83 | $12.12 | -5.53% |
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.
FAQ
When does Geo Group (GEO) report earnings?
Geo Group (GEO) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Geo Group (GEO) earnings time?
Geo Group (GEO) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GEO EPS forecast?
GEO EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.
