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Geo Group Inc (GEO)
:GEO
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.24Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 6.13%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights significant revenue potential from new and existing contracts and successful debt reduction strategies. However, increased overhead costs, a decline in electronic monitoring revenues, and uncertain timing of contract awards present notable challenges.Company Guidance
During The GEO Group's Fourth Quarter 2024 Earnings Conference Call, guidance for 2025 was outlined with a focus on significant growth opportunities. The company anticipates investing $38 million to renovate existing facilities, $16 million to increase GPS tracking device production, and $7 million to expand their secure transportation fleet. These investments aim to provide approximately 17,000 additional detention beds, potentially increasing ICE-related service capacity from 15,000 to 32,000 beds. This expansion could generate between $500 million and $600 million in incremental annualized revenues. Additionally, a 15-year contract for the Delaney Hall facility is expected to yield over $60 million annually. Overall, GEO Group forecasts potential upside of $800 million to $1 billion in incremental annualized revenues, with $250 million to $300 million in additional adjusted EBITDA. These projections align with ongoing discussions to activate idle facilities and expand electronic monitoring services under the ISAP program.Record-Breaking Revenue Potential
GEO Group expects the utilization of 17,000 additional beds to generate between $500 million and $600 million in incremental annualized revenues with margins consistent with their secure services facilities.
Long-Term Contract with ICE
Awarded a 15-year fixed-price contract by ICE for the Delaney Hall facility in Newark, New Jersey, expected to generate over $60 million in annualized revenues with a 15-year potential value of approximately $1 billion.
Debt Reduction Progress
The company plans to reduce net debt by $150 million to $175 million in 2025, aiming for a total net debt of approximately $1.55 billion by year-end.
Potential for Increased Monitoring Revenue
Returning to prior ISAP contract utilization levels could generate an incremental $250 million in revenues, with potential for more if participant counts exceed previous highs.
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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
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GEO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 07, 2024 | $14.43 | $13.63 | -5.54% |
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.
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FAQ
When does Geo Group Inc (GEO) report earnings?
Geo Group Inc (GEO) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Geo Group Inc (GEO) earnings time?
Geo Group Inc (GEO) earnings time is at Apr 30, 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 (Q1) is 0.24.
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