Geo Group (GEO) Scheduled to Post Quarterly Earnings on Tuesday
Geo Group (NYSE:GEO) is set to issue its Q114 quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $389.92 million for the quarter. Geo Group has set its Q1 guidance at $0.63-0.65 EPS and its FY14 guidance at $2.96-3.04 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.
Geo Group (NYSE:GEO) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.01. The company had revenue of $383.55 million for the quarter, compared to the consensus estimate of $380.64 million. On average, analysts expect Geo Group to post $1.81 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Geo Group (NYSE:GEO) opened at 32.87 on Monday. Geo Group has a one year low of $30.11 and a one year high of $39.35. The stock’s 50-day moving average is $32.27 and its 200-day moving average is $32.99. The company has a market cap of $2.345 billion and a price-to-earnings ratio of 20.44.
A number of research firms have recently commented on GEO. Analysts at Zacks upgraded shares of Geo Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 22nd. They now have a $37.80 price target on the stock. On a related note, analysts at Ned Davis Research downgraded shares of Geo Group from a “neutral” rating to a “sell” rating in a research note on Monday, February 24th. Finally, analysts at Barclays cut their price target on shares of Geo Group from $45.00 to $39.00 in a research note on Wednesday, January 29th. They now have an “overweight” rating on the stock.
The GEO Group, Inc is engaged in ownership, leasing and management of correctional, detention, and re-entry facilities and the provision of community-based services in the United States, Australia, South Africa, the United Kingdom and Canada.
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