The GEO Group, Inc. (GEO) Q4 2024 Earnings Conference Call Transcript |
The GEO Group, Inc. (NYSE:GEO ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Pablo Paez - EVP, Corporate Relations George Zoley - Executive Chairman Mark Suchinski - CFO David Donahue - CEO Wayne Calabrese - President and COO Conference Call Participants Matthew Erdner - JonesTrading Jay McCanless - Wedbush Securities Greg Gibas - Northland Securities Brendan McCarthy - Sidoti Joshua Zoepfel - Noble Capital Markets Jordan Hymowitz - Philadelphia Financial Operator Good day and welcome to The GEO Group Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2025-02-27 16:59:51 |
Czytaj oryginał (ang.) |
Geo Group (GEO) Q4 Earnings and Revenues Lag Estimates |
Geo Group (GEO) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.29 per share a year ago. |
zacks.com |
2025-02-27 10:10:39 |
Czytaj oryginał (ang.) |
The GEO Group Awarded 15-Year Contract by U.S. Immigration and Customs Enforcement for Company-Owned, 1,000-Bed Delaney Hall Facility in New Jersey |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it has been awarded a 15-year, fixed-price contract by U.S. Immigration and Customs Enforcement (“ICE”) to provide support services for the establishment of a federal immigration processing center at the company-owned, 1,000-bed Delaney Hall Facility (the “Facility”) in Newark, New Jersey. GEO's support services include the exclusive use of the Facility by ICE, along with security, m. |
businesswire.com |
2025-02-27 08:01:00 |
Czytaj oryginał (ang.) |
The GEO Group Reports Fourth Quarter and Full Year 2024 Results |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Total revenues of $607.7 million Net Income of $15.5 million Net Income Attributable to GEO o. |
businesswire.com |
2025-02-27 08:00:00 |
Czytaj oryginał (ang.) |
GEO: Trump's Immigration Drive Sending The Company's Stock To Stratosphere |
President Trump's deregulation policies and immigration reforms have significantly boosted GEO Group's stock, making it a top performer in his 2nd term. GEO Group's history of government contracts and adaptability to political changes position it well for future growth under Trump's administration. The revocation of Biden's executive order and the increased need for detention facilities ensure GEO Group's strategic advantage and potential profitability. |
seekingalpha.com |
2025-02-17 06:51:20 |
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4 "Tariff-Proof" Sectors to Buy for 2025 |
President Trump's push for tariffs with America's trading partners, only about a week old, is already having a big impact on the financial markets. |
benzinga.com |
2025-02-07 21:05:22 |
Czytaj oryginał (ang.) |
3 Stocks That Have Doubled Since Trump's Election Win. Can They Still Go Higher? |
Since Donald Trump won the election in November, some stocks have gone on incredible rallies. In a few cases, it has been a coincidence, but for other stocks, the new president could create a better outlook for them. |
fool.com |
2025-02-05 11:20:00 |
Czytaj oryginał (ang.) |
The GEO Group Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2024 financial results on Thursday, February 27, 2025 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, February 27, 2025. Hosting the call for GEO will be George Zoley, Executive Chairman of the Board, J. David Donahue, Chief Executive Officer, Wayne Calabrese, President and Chief Operating Officer, and Mark Suchi. |
businesswire.com |
2025-01-23 18:18:00 |
Czytaj oryginał (ang.) |
This prison stock is up 142% since election; here's why |
While much has been said about big tech and big oil as sectors likely to see major benefits from the second Trump administration, the private prison industry – sometimes referred to as the prison-industrial complex – has been, in many ways, leading the stock market charge since November 2024. |
finbold.com |
2025-01-23 08:22:17 |
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5 Stocks to Buy for a Trump Presidency |
The second Trump presidency has begun and these five stocks are set to benefit. |
kiplinger.com |
2025-01-22 16:39:03 |
Czytaj oryginał (ang.) |
The 3 Best Trump Stocks Since the Election. Can They Go Higher Still? |
The election of Donald Trump as the 47th president of the United States created reverberations throughout the stock market as investors bet on which companies would win and lose during his administration. |
247wallst.com |
2025-01-20 16:48:52 |
Czytaj oryginał (ang.) |
The GEO Group Comments on Ruling by the 9th Circuit Court of Appeals in the Nwauzor Case |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) commented today on a ruling by the U.S. Court of Appeals for the Ninth Circuit in relation to the Nwauzor v. The GEO Group case (the “Nwauzor Case”). GEO is currently reviewing today's decision in the Nwauzor Case. GEO remains steadfast in its position that participants in the federally mandated Voluntary Work Program (VWP) at the Tacoma ICE Facility are not GEO employees. The United States Department of. |
businesswire.com |
2025-01-16 18:33:00 |
Czytaj oryginał (ang.) |
Cerrado Gold Announces Q4 and Annual 2024 Gold Production Results for its Minera Don Nicolas Mine in Argentina |
Annual Gold Equivalent Ounce ("GEO") Production of 54,494 GEO; in line with Guidance of 50,000 - 60,000 GEO. Q4 Production of 10,431 GEO impacted by lower than planned ore grades from residual open pits. |
accesswire.com |
2025-01-15 08:00:00 |
Czytaj oryginał (ang.) |
The GEO Group: Further Upside Potential From Trump's Immigration Policy |
In Q3 2024, The GEO Group posted flat revenue growth and generated $603 million in revenues. Margins showed varied trends, with operating margin deteriorating to 18.91% but net income margin improving to 4.31%. GEO may be in a position to support a possible increase in demand coming from any changes in immigration policy. Investors should not expect capital returns from share repurchases or dividends, as the company remains focus on deleveraging. Additionally, capacity expansion to meet demand may also affect cash liquidity. |
seekingalpha.com |
2025-01-13 17:21:23 |
Czytaj oryginał (ang.) |
Trump's plan for mass deportation could have a big effect on prices |
Some experts say there is really nothing the government can do about high food prices. |
cnbc.com |
2025-01-11 11:00:01 |
Czytaj oryginał (ang.) |
The GEO Group Announces $70 Million Investment in Expanding ICE Services Capabilities and New Corporate Reorganization |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today a $70 million investment in capital expenditures to strengthen the Company's capabilities to deliver expanded detention capacity, secure transportation, and electronic monitoring services to U.S. Immigration and Customs Enforcement (“ICE”). GEO is currently the largest service provider to ICE, currently providing approximately 21,000 detention beds (with a present census of 14,000) at 16. |
businesswire.com |
2024-12-16 18:15:00 |
Czytaj oryginał (ang.) |
Trump's 'Very Tough' Mass Deportation Vow Fuels Prison Stock Rally |
Trump's immigration crackdown could raise need for ICE detention beds and renew a lost contract. CoreCivic offers early entry. |
investors.com |
2024-12-10 14:53:44 |
Czytaj oryginał (ang.) |
Top 3 prison stocks to buy for 2025 Trump presidency |
Following the victory of GOP candidate Donald Trump in the 2024 Presidential election, private prison stocks experienced a notable surge to the upside. |
finbold.com |
2024-12-06 12:27:47 |
Czytaj oryginał (ang.) |
This stock Michael Burry sold too early soars 92% since Trump won |
Donald Trump's victory in the 2024 presidential election has sparked a remarkable rally in private prison stocks, and one particular name—Geo Group (NYSE: GEO)—has been thrust back into the spotlight. |
finbold.com |
2024-12-06 09:20:22 |
Czytaj oryginał (ang.) |
Trump Election Victory: 5 Stocks Benefit Most |
The resounding Trump election victory and the Republican "mandate" will dramatically impact stocks like GEO Group, Coinbase, and Tesla. |
zacks.com |
2024-11-21 15:25:26 |
Czytaj oryginał (ang.) |
Have $500? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now |
There are still values out there despite the market's rally. |
fool.com |
2024-11-16 05:42:00 |
Czytaj oryginał (ang.) |
An Options Trader's Guide to Election Day Fallout |
Subscribers to Chart of the Week received this commentary on Sunday, October 27. |
schaeffersresearch.com |
2024-11-12 13:21:43 |
Czytaj oryginał (ang.) |
These Stocks Are Outperforming Tesla As The Biggest Trump Trade Winners |
Tesla may be the highest-profile stock market winner over the last week, but there are several stocks which have outperformed the Elon Musk-led car company thanks to similar optimism about macro conditions under the incoming administration. |
forbes.com |
2024-11-11 16:54:28 |
Czytaj oryginał (ang.) |
Private prison stocks jump on Trump appointment of immigration hardliner Tom Homan |
Private prison stocks Geo Group and CoreCivic rose Monday after President-elect Donald Trump chose Tom Homan as his "border czar." Homan told a conservative conference in July that he "will run the biggest deportation force this country has ever seen" when Trump returns to office. |
cnbc.com |
2024-11-11 11:22:45 |
Czytaj oryginał (ang.) |
My Portfolio's Biggest Winners And Losers From A Republican Sweep |
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines. |
seekingalpha.com |
2024-11-09 10:45:00 |
Czytaj oryginał (ang.) |
Why These Two Prison Stocks Soared Around 80% This Week |
CoreCivic and Geo Group, which also run migrant detention centers, are having one of the best weeks since Trump's win in November 2016. The post Why These Two Prison Stocks Soared Around 80% This Week appeared first on Investor's Business Daily. |
investors.com |
2024-11-08 16:32:20 |
Czytaj oryginał (ang.) |
Trump win drives up prison stocks |
CNBC's Eamon Javers joins 'The Exchange' to report on prison stocks moving higher since Trump's victory, in part based on his deportation plan. |
youtube.com |
2024-11-08 16:25:03 |
Czytaj oryginał (ang.) |
Michael Burry's $10 million slip—Which stock did he sell too soon? |
As Donald Trump's victory in the 2024 presidential elections ignited an impressive rally for private prison stocks, an old Michael Burry bet once again came into focus, although, unfortunately, due to all the gains he missed by selling early. |
finbold.com |
2024-11-08 10:01:53 |
Czytaj oryginał (ang.) |
Why private prison stocks are soaring |
Quite ironically, once Trump Media (NASDAQ: DJT) is excluded, one would be hard-pressed to find a stock that hasn't seen a massive rally in the wake of Donald Trump's reelection as the President of the United States. |
finbold.com |
2024-11-08 08:00:58 |
Czytaj oryginał (ang.) |
The GEO Group, Inc. (GEO) Q3 2024 Earnings Call Transcript |
The GEO Group, Inc. (NYSE:GEO ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Pablo Paez – Executive Vice President-Corporate Relations George Zoley – Executive Chairman Brian Evans – Chief Executive Officer Wayne Calabrese – President and Chief Operating Officer Mark Suchinski – Chief Financial Officer James Black – President-GEO Secure Services Conference Call Participants Brian Violino – Wedbush Joe Gomes – Noble Capital Brendan McCarthy – Sidoti Jason Weaver – JonesTrading Greg Gibas – Northland Securities Kirk Ludtke – Imperial Capital Operator Good day, and welcome to The GEO Group Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-11-07 16:20:56 |
Czytaj oryginał (ang.) |
Will GEO Group and CoreCivic See Their Stocks Double Under a Trump Presidency? |
Private prison operators GEO Group (NYSE:GEO) and CoreCivic (NYSE:CXW) look poised to be one of the biggest beneficiaries of Donald Trump's presidency. |
247wallst.com |
2024-11-07 16:19:47 |
Czytaj oryginał (ang.) |
Geo Group and CoreCivic move guidance in opposite directions, a day after both prison stocks soared |
Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-elect Donald Trump's administration. |
marketwatch.com |
2024-11-07 12:01:00 |
Czytaj oryginał (ang.) |
Geo Group (GEO) Misses Q3 Earnings and Revenue Estimates |
Geo Group (GEO) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago. |
zacks.com |
2024-11-07 10:11:09 |
Czytaj oryginał (ang.) |
The GEO Group Reports Third Quarter 2024 Results |
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the third quarter and first nine months of 2024. Third Quarter 2024 Highlights Total revenues of $603.1 million Net Income Attributable to GEO of $0.19 per diluted. |
businesswire.com |
2024-11-07 08:00:00 |
Czytaj oryginał (ang.) |
Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last |
Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election. |
benzinga.com |
2024-11-06 13:32:19 |
Czytaj oryginał (ang.) |