Preview: GEO Group's Earnings

GEO Group GEO is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release.

Analysts are estimating that GEO Group will report an earnings per share (EPS) of $0.24.

The announcement from GEO Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

Last quarter the company beat EPS by $0.09, which was followed by a 2.81% increase in the share price the next day.

Tracking GEO Group's Stock Performance

Shares of GEO Group were trading at $24.43 as of November 07. Over the last 52-week period, shares are up 163.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for GEO Group visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.