GEO Group (GEO) Reports Q1 EPS of $0.24, Revenues Miss; Updates 2Q & FY20 EPS Guidance

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The GEO Group Reports First Quarter 2020 Results

April 30, 2020 6:55 AM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- The GEO Group, Inc. (NYSE: GEO) (GEO), a fully integrated equity real estate investment trust (REIT) and a leading provider of evidence-based offender rehabilitation and community reentry services around the globe, reported today its financial results for the first quarter 2020, provided an update on the impact of the COVID-19 pandemic on GEO, and issued updated financial guidance.

First Quarter 2020 Highlights

Total revenues of $605.0 million Net Income Attributable to GEO of $25.2 million or... More