FridayAug 06, 2021 1:31 pm

QualityStocksNewsBreaks – Geo Group Inc. (NYSE: GEO) Featured in Earnings Release Research from Sidoti

EPS Ahead of Forecast; GEO Raises 2021 EPS Guidance Geo Group (NYSE: GEO) was featured in a company-sponsored research earnings release note published by Sidoti & Company LLC. The report reads, “We expect higher occupancy rates, in particular at the ICE centers, to be more than offset by reduced revenue from the Bureau of Prisons (‘BOP’) and U.S. Marshals Service (‘USMS’) following a change in federal policy by the Biden administration…we forecast a 3% EPS advance in 2021 followed by a 15% decline in 2022.” To access the full report, visit https://ibn.fm/J6p8y About Geo Group Inc. The Geo Group is…

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ThursdayJul 22, 2021 10:41 am

QualityStocksNewsBreaks – Geo Group Inc. (NYSE: GEO) Featured in Earnings Preview Research from Sidoti

COVID-19 to continue to result in lower occupancy rates Geo Group (NYSE: GEO) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We expect the recent suspension of the dividend to accelerate debt reduction. GEO has set a goal of repaying a minimum of $125-$150 million in net debt during 2021 and reduced net debt in 1Q:21 by about $57 million.  We project average annual free cash flow (excludes the add-back of stock-based compensation expense) of $220 million ($1.82 per share).” To access the full report, visit https://ibn.fm/3Qg7l About Geo Group,…

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