Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to Mex$490, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Commercial Services industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$304 per share. Board Change • Jun 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Donna Kauranen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 14
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Donna Kauranen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: US$0.29 (vs US$0.14 in 1Q 2025) First quarter 2026 results: EPS: US$0.29 (up from US$0.14 in 1Q 2025). Revenue: US$705.2m (up 17% from 1Q 2025). Net income: US$38.3m (up 96% from 1Q 2025). Profit margin: 5.4% (up from 3.2% in 1Q 2025). Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Global Commercial Services industry. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 32% per year. Duyuru • Apr 24
The GEO Group, Inc. to Report Q1, 2026 Results on May 06, 2026 The GEO Group, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Duyuru • Mar 20
The GEO Group, Inc., Annual General Meeting, Apr 28, 2026 The GEO Group, Inc., Annual General Meeting, Apr 28, 2026. Board Change • Mar 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Donna Kauranen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$229, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Commercial Services industry in South America. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$180 per share. Reported Earnings • Feb 14
Full year 2025 earnings released: EPS: US$1.85 (vs US$0.23 in FY 2024) Full year 2025 results: EPS: US$1.85 (up from US$0.23 in FY 2024). Revenue: US$2.63b (up 8.6% from FY 2024). Net income: US$254.4m (up US$224.5m from FY 2024). Profit margin: 9.7% (up from 1.2% in FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jan 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Donna Kauranen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jan 20
The GEO Group, Inc. to Report Q4, 2025 Results on Feb 12, 2026 The GEO Group, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 12, 2026 Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Donna Kauranen was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Dec 11
GEO Group Inc Announces Retirement of Joe Negron as Senior Vice President, Legal Services, General Counsel, and Corporate Secretary Effective December 31, 2025 GEO Group Inc. announced that Joe Negron, the Senior Vice President, Legal Services, General Counsel, and Corporate Secretary, provided the company with notice of his decision to retire from his position effective December 31, 2025. Joe Negron has served as GEO's General Counsel and Corporate Secretary since 2019. Joe Negron will continue to serve as a consultant to the company following his retirement for a two-year period commencing January 1, 2026 in order to assist the company on various legal, regulatory and compliance matters. New Risk • Nov 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (Mex$152m sold). New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 229% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (Mex$152m sold). Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$1.26 (vs US$0.19 in 3Q 2024) Third quarter 2025 results: EPS: US$1.26 (up from US$0.19 in 3Q 2024). Revenue: US$682.3m (up 13% from 3Q 2024). Net income: US$173.9m (up US$147.6m from 3Q 2024). Profit margin: 26% (up from 4.4% in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Duyuru • Nov 06
the Geo Group, Inc. Updates Financial Guidance for the Fourth Quarter and Full Year 2025 The GEO Group, Inc. updated its financial guidance for the fourth quarter and full year 2025. For the fourth quarter, the company expects fourth quarter 2025 GAAP Net Income to be in a range of $0.23 to $0.27 per diluted share on quarterly revenues of $651 million to $676 million.
Taking into account updated fourth quarter 2025 guidance, the company expects full year 2025 GAAP Net Income to be in a range of $1.81 to $1.85 per diluted share. Net Income Attributable to GEO to be in the range of $254,000,000 to $259,000,000. Duyuru • Oct 01
The GEO Group, Inc. to Report Q3, 2025 Results on Nov 06, 2025 The GEO Group, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Recent Insider Transactions • Aug 22
Key Executive recently sold Mex$30m worth of stock On the 20th of August, George Zoley sold around 75k shares on-market at roughly Mex$400 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was George's only on-market trade for the last 12 months. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: US$0.21 (vs US$0.26 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.21 (up from US$0.26 loss in 2Q 2024). Revenue: US$636.2m (up 4.8% from 2Q 2024). Net income: US$29.1m (up US$63.0m from 2Q 2024). Profit margin: 4.6% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Duyuru • Jul 16
The GEO Group, Inc. to Report Q2, 2025 Results on Aug 06, 2025 The GEO Group, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Duyuru • Jun 10
The GEO Group Provides Update on Recent Court Settlement Allowing for Immediate Full Intake at Company-Owned 1,940-Bed Adelanto ICE Processing Center in California The GEO Group, Inc. announced that the U.S. District Court, Central District of California (the “Court”) has approved a settlement in the case of Roman v. Wolf, which allows for immediate full intake at the GEO-owned, 1,940-bed Adelanto ICE Processing Center in California (the “Adelanto Center”). The Court had previously issued several injunction orders, including an intake prohibition order issued more than four years ago, limiting the use of the Adelanto Center based on then-prevailing COVID-19 conditions. At full occupancy, the Adelanto Center contract would be expected to generate up to approximately $31 million in additional incremental annualized revenues for GEO, with margins consistent with GEO’s company-owned Secure Services facilities. ICE and GEO entered into a 15-year contract on December 19, 2019, for the provision of secure residential housing and support services at the Adelanto Center, consisting of a five-year base period followed by two five-year option periods. The current contract option period is effective through December 19, 2029. Reported Earnings • May 08
First quarter 2025 earnings released: EPS: US$0.14 (vs US$0.19 in 1Q 2024) First quarter 2025 results: EPS: US$0.14 (down from US$0.19 in 1Q 2024). Revenue: US$604.6m (flat on 1Q 2024). Net income: US$19.6m (down 14% from 1Q 2024). Profit margin: 3.2% (down from 3.7% in 1Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings. Duyuru • May 07
The Geo Group, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2025 The GEO Group, Inc. provided earnings guidance for the second quarter and full year 2025. For the second quarter of 2025, the company expects Net Income Attributable to GEO to be in a range of $0.15 to $0.17 per diluted share, on quarterly revenues of $615 million to $625 million.
For the full year 2025, the company expects Net Income Attributable to GEO to be in a range of $0.77 to $0.89 per diluted share, on revenues of approximately $2.53 billion and based on an effective tax rate of approximately 27%, inclusive of known discrete items. Net Income Attributable to GEO is expected to be between $108 million to $125 million. Duyuru • Apr 24
The GEO Group, Inc. to Report Q1, 2025 Results on May 07, 2025 The GEO Group, Inc. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Recent Insider Transactions • Mar 22
Insider recently sold Mex$330k worth of stock On the 13th of March, Nicole Mannarino sold around 646 shares on-market at roughly Mex$511 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$2.7m. Despite this recent sale, insiders have collectively bought Mex$52m more than they sold in the last 12 months. Duyuru • Mar 21
The GEO Group, Inc., Annual General Meeting, Apr 29, 2025 The GEO Group, Inc., Annual General Meeting, Apr 29, 2025. Recent Insider Transactions • Mar 16
Independent Director recently sold Mex$2.7m worth of stock On the 10th of March, Scott Kernan sold around 6k shares on-market at roughly Mex$461 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$52m more than they sold in the last 12 months. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: US$0.24 (vs US$0.73 in FY 2023) Full year 2024 results: EPS: US$0.24 (down from US$0.73 in FY 2023). Revenue: US$2.42b (flat on FY 2023). Net income: US$32.0m (down 64% from FY 2023). Profit margin: 1.3% (down from 3.7% in FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Duyuru • Feb 27
The GEO Group, Inc. Provides Earnings Guidance for the Full Year 2025 The GEO Group, Inc. provided earnings guidance for the full year 2025. For the full year 2025, the company expected net income attributable to GEO to be in a range of 74 cents to 88 cents per diluted share, on revenues of approximately $2.5 billion and based on an effective tax rate of approximately 28%, inclusive of known discrete items. Duyuru • Jan 24
The GEO Group, Inc. to Report Q4, 2024 Results on Feb 27, 2025 The GEO Group, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025 Duyuru • Dec 04
The GEO Group, Inc. Announces Executive Changes The GEO Group, Inc. announced on November 26, 2024, Mr. James H. Black, Senior Vice President and President, Secure Services, of the company informed the company that he will be retiring from his executive officer role effective December 31, 2024 (the Effective Date). Following his retirement, Mr. Black will serve as a consultant to GEO under the terms of a Consultant Agreement, effective January 1, 2025 (the Consultant Agreement), entered into between GEO and Mr. Black on December 3, 2024. Mr. Black joined GEO in June of 1998 and during his tenure worked in all three regions within Secure Services and led Secure Services as its President for the past three and a half years. GEO thanks Mr. Black for his years of dedicated service and looks forward to his continued contributions to GEO. On December 2, 2024, Mr. Paul Laird was promoted to the role of Senior Vice President and President, Secure Services, effective as of January 1, 2025. Mr. Laird will work closely with Mr. Black in his consulting role to ensure a smooth transition. Mr. Laird originally joined GEO as a Director of Operations in the Eastern Region in August of 2015 and subsequently served as Regional Vice President for the Western Region and most recently as Regional Vice President for the Eastern Region. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.19 (vs US$0.17 in 3Q 2023) Third quarter 2024 results: EPS: US$0.19 (up from US$0.17 in 3Q 2023). Revenue: US$603.1m (flat on 3Q 2023). Net income: US$26.3m (up 29% from 3Q 2023). Profit margin: 4.4% (up from 3.4% in 3Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Duyuru • Nov 07
The GEO Group, Inc. Updates Earnings Guidance for the Fourth Quarter and Full Year 2024 The GEO Group, Inc. updated earnings guidance for the fourth quarter and full year 2024. While participant counts under ISAP have been increasing subsequent to the end of the third quarter 2024 to approximately 182,500 currently, and while it is possible ISAP participant counts and utilization of ICE processing center beds may further increase this year, the company have updated fourth quarter 2024 guidance to be largely consistent with third quarter 2024 results. The company expects fourth quarter 2024 Net Income Attributable to GEO to be in a range of $0.19 to $0.22 per diluted share on quarterly revenues of $600 million to $610 million.
For the full year 2024, the company expects Net Income Attributable to GEO to be in a range of $0.30 to $0.34 per diluted share, which reflects costs associated with the extinguishment of debt of $87 million, pre-tax. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Mex$280, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Commercial Services industry globally. Total returns to shareholders of 59% over the past three years. Duyuru • Oct 01
The GEO Group, Inc. to Report Q3, 2024 Results on Nov 07, 2024 The GEO Group, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024 Recent Insider Transactions • Aug 15
Key Executive recently bought Mex$59m worth of stock On the 13th of August, George Zoley bought around 250k shares on-market at roughly Mex$234 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. George has been a buyer over the last 12 months, purchasing a net total of Mex$69m worth in shares. New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 70% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (9.2% increase in shares outstanding). Significant insider selling over the past 3 months (Mex$1.2m sold). Reported Earnings • Aug 08
Second quarter 2024 earnings released: US$0.25 loss per share (vs US$0.20 profit in 2Q 2023) Second quarter 2024 results: US$0.25 loss per share (down from US$0.20 profit in 2Q 2023). Revenue: US$607.2m (up 2.2% from 2Q 2023). Net loss: US$32.5m (down 232% from profit in 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Duyuru • Aug 07
the Geo Group, Inc. Provides Financial Guidance for Third Quarter, Fourth Quarter and Full Year 2024 The GEO Group, Inc. provided financial guidance for third quarter, fourth quarter and full year 2024. For the third quarter 2024, the company expects net income attributable to GEO to be in a range of $0.21 to $0.25 per diluted share. The company expects third quarter 2024 revenues to be in a range of $606 million to $616 million.
For the fourth quarter 2024, the company expects net income attributable to GEO to be in a range of $0.22 to $0.29 per diluted share. The company expects fourth quarter 2024 revenues to be in a range of $611 million to $621 million.
For the full year 2024, the company expects net income Attributable to GEO to be in a range of $0.40 to $0.51 per diluted share, on annual revenues of approximately $2.44 billion and reflecting an effective tax rate of approximately 24%, inclusive of known discrete items. The company's full-year 2024 guidance reflects the costs associated with the extinguishment of debt of $82.4 million, pre-tax, in connection with the refinancing of our debt. Duyuru • Jul 10
The GEO Group, Inc. to Report Q2, 2024 Results on Aug 07, 2024 The GEO Group, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to Mex$253, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Commercial Services industry globally. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$457 per share. Recent Insider Transactions • May 30
Independent Director recently sold Mex$1.2m worth of stock On the 21st of May, Scott Kernan sold around 5k shares on-market at roughly Mex$226 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$7.4m more than they sold in the last 12 months. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 08
The GEO Group, Inc. Provides Second Quarter and for the Full Year for 2024 The GEO Group, Inc. provided second quarter and for the full year for 2024. For the year, The company expects net income to be in a range of $55 million to $75 million on annual revenues of approximately $2.4 billion and reflecting an effective tax rate of approximately 20%, inclusive of known discrete items. For the quarter, The company expects a net Loss in a range of $27 million to $30 million and revenues to be in a range of $600 million to $610 million. Duyuru • Apr 23
The GEO Group, Inc. to Report Q1, 2024 Results on May 07, 2024 The GEO Group, Inc. announced that they will report Q1, 2024 results Pre-Market on May 07, 2024 Board Change • Mar 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 23
The GEO Group, Inc., Annual General Meeting, May 03, 2024 The GEO Group, Inc., Annual General Meeting, May 03, 2024, at 10:00 Eastern Daylight. Agenda: To elect eight (8) directors for the ensuing year; to ratify the appointment of Grant Thornton LLP as independent registered public accountants for the fiscal year 2024; to hold an advisory vote to approve named executive officer compensation; to approve the Second Amended and Restated 2018 Stock Incentive Plan; to approve the Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock from 187,500,000 to 225,000,000 shares; and to vote on the shareholder proposal set forth in the proxy statement, if properly presented before the meeting. Recent Insider Transactions • Mar 16
Key Executive recently bought Mex$10m worth of stock On the 14th of March, George Zoley bought around 50k shares on-market at roughly Mex$208 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was George's only on-market trade for the last 12 months. New Risk • Mar 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 6.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Shares are highly illiquid. Minor Risk Profit margins are more than 30% lower than last year (3.7% net profit margin). Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$0.94 (vs US$1.18 in FY 2022) Full year 2023 results: EPS: US$0.94 (down from US$1.18 in FY 2022). Revenue: US$2.41b (up 1.5% from FY 2022). Net income: US$114.0m (down 20% from FY 2022). Profit margin: 4.7% (down from 6.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$0.94 (vs US$1.18 in FY 2022) Full year 2023 results: EPS: US$0.94 (down from US$1.18 in FY 2022). Revenue: US$2.41b (up 1.5% from FY 2022). Net income: US$114.0m (down 20% from FY 2022). Profit margin: 4.7% (down from 6.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. Duyuru • Feb 15
The GEO Group, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 The GEO Group, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects net income to be in a range of $22 million to $24 million and quarterly revenues to be in a range of $600 million to $610 million. For the full year, the company expects net income to be in a range of $110 million to $125 million on annual revenues of approximately $2.4 billion and reflecting an effective tax rate of approximately 28%, exclusive of any discrete items. Duyuru • Jan 26
The GEO Group, Inc. to Report Q4, 2023 Results on Feb 15, 2024 The GEO Group, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 15, 2024 Duyuru • Dec 29
The GEO Group, Inc. has filed a Follow-on Equity Offering in the amount of $300 million. The GEO Group, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$0.20 (vs US$0.26 in 3Q 2022) Third quarter 2023 results: EPS: US$0.20 (down from US$0.26 in 3Q 2022). Revenue: US$602.8m (down 2.3% from 3Q 2022). Net income: US$24.5m (down 23% from 3Q 2022). Profit margin: 4.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Commercial Services industry in South America. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Duyuru • Nov 08
The GEO Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023 The GEO Group, Inc. provided earnings guidance for the fourth quarter and full year 2023. For the fourth quarter 2023, The company expects GAAP Net Income to be in a range of $19 million to $24 million and quarterly revenues to be in a range of $590 million to $600 million.For the full-year 2023, The company expects GAAP Net Income to be in a range of $100 million to $105 million on annual revenues of approximately $2.4 billion. Duyuru • Oct 18
The GEO Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023 The GEO Group, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 07, 2023 Board Change • Aug 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Aug 10
The GEO Group, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year of 2023 The GEO Group, Inc. provided earnings guidance for the third quarter, fourth quarter and full year of 2023. The company expects full-year GAAP Net Income to be between $95 million and $110 million, on annual revenues of approximately $2.4 billion. For the third quarter of 2023, The company expects Net Income to be between $19 million and $26 million on quarterly revenues of $588 million to $603 million. For the fourth quarter of 2023, the company expects Net Income to be between $19 million and $27 million on quarterly revenues of $595 million to $610 million. Duyuru • Jul 22
The GEO Group, Inc. to Report Q2, 2023 Results on Aug 09, 2023 The GEO Group, Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 09, 2023 Board Change • Jul 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$0.23 (vs US$0.26 in 1Q 2022) First quarter 2023 results: EPS: US$0.23 (down from US$0.26 in 1Q 2022). Revenue: US$608.2m (up 10% from 1Q 2022). Net income: US$28.0m (down 12% from 1Q 2022). Profit margin: 4.6% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Commercial Services industry in South America. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Mex$155, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Commercial Services industry globally. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$277 per share. Board Change • Mar 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Feb 15
The GEO Group, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2023 The GEO Group, Inc. provided earnings guidance for the first quarter and full year 2023. For the quarter, the company expects Net Income Attributable to GEO to be between $26 million and $28 million on quarterly revenues of $605 million to $610 million.For the year, the company expects Net Income Attributable to GEO to be between $100 million and $127 million on annual revenues of between $2.37 billion and $2.47 billion. The company's GAAP Net Income guidance for 2023 reflects an expected increase in its net interest expense of approximately $67 million, due to rising interest rates and the debt restructuring transactions it completed in August of 2022. Reported Earnings • Feb 14
Full year 2022 earnings released: EPS: US$1.42 (vs US$0.58 in FY 2021) Full year 2022 results: EPS: US$1.42 (up from US$0.58 in FY 2021). Revenue: US$2.38b (up 5.3% from FY 2021). Net income: US$171.8m (up 144% from FY 2021). Profit margin: 7.2% (up from 3.1% in FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Commercial Services industry in South America. Duyuru • Jan 24
The GEO Group, Inc. to Report Q4, 2022 Results on Feb 14, 2023 The GEO Group, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 14, 2023 Duyuru • Jan 07
The GEO Group, Inc. Announces Executive Changes On January 6, 2023, The GEO Group, Inc. announced that Ann Schlarb, GEO’s Senior Vice President and President of GEO Care, will be retiring from her executive officer role effective January 31, 2023 (the “Effective Date”). Following her retirement, Ms. Schlarb will serve as a consultant to GEO under the terms of a Consultant Agreement, effective February 1, 2023 (the “Consultant Agreement”), entered into between GEO and Ms. Schlarb on January 6, 2023, the terms of which are summarized below. Ms. Schlarb joined GEO in 2011 as Vice President of Intensive Supervision and Appearance Program (“ISAP”) Services as a result of GEO’s acquisition of B.I. Incorporated, (“B.I.”) and she originally joined B.I. in 1995. Ms. Schlarb was promoted to Senior Vice President and President of GEO Care in July 2014. GEO thanks Ms. Schlarb for her years of dedicated service and looks forward to her continued contributions to GEO. Mr. Wayne Calabrese, GEO’s Chief Operating Officer, will assume the executive officer duties and responsibilities of overseeing B.I. and GEO Care commencing on the Effective Date and will continue to work closely with Ms. Schlarb in her consulting role to ensure a smooth transition. Mr. Calabrese is a highly seasoned and tenured executive with over 20 years of experience in GEO’s business. Mr. Calabrese originally joined GEO as Vice President of Business Development in 1989 and served in a range of increasingly senior positions, retiring in December 2010 as Vice Chairman of the Board, President and Chief Operating Officer of the Company. Mr. Calabrese’s background, together with his extensive knowledge and prior experience in various GEO leadership positions, makes him uniquely qualified to serve as GEO’s Chief Operating Officer. Board Change • Jan 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Lindsay Koren was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 16
Insider recently sold Mex$655k worth of stock On the 12th of December, James Black sold around 3k shares on-market at roughly Mex$218 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 21% share price gain to Mex$235, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Commercial Services industry globally. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$429 per share. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.32 (vs US$0.24 in 3Q 2021) Third quarter 2022 results: EPS: US$0.32 (up from US$0.24 in 3Q 2021). Revenue: US$616.7m (up 11% from 3Q 2021). Net income: US$38.3m (up 33% from 3Q 2021). Profit margin: 6.2% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Commercial Services industry in South America. Board Change • Aug 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Shapiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Shapiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Shapiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Shapiro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
