GEO Group (GEO) Reports Q4 FFO of $0.66
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The GEO Group Reports Fourth Quarter and Full-Year 2019 Results
February 12, 2020 6:55 AM EST4Q19 Net Income Attributable to GEO of $0.32 per diluted share 4Q19 Adjusted Net Income of $0.38 per diluted share 4Q19 AFFO of $0.66 per diluted share Initial FY20 guidance for Net Income Attributable to GEO of $1.27-$1.37 per diluted share and Adjusted Net Income of $1.37 to $1.47 per diluted share Initial FY20 AFFO guidance of $2.57-$2.67 per diluted share FY20 guidance reflects increase of approximately $4 million in GEOs annual expense commitment for GEO Continuum of Care rehabilitation and post release programs FY20 guidance assumes no contribution from... More
