The GEO Group Reports Fourth Quarter and Full-Year 2020 Results and Issues 2021 Guidance
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GEO Group (GEO) Tops Q4 EPS by 7c, Revenues Beat; Offers FY21 EPS/Revenues Guidance Below Consensus
February 16, 2021 7:00 AM ESTGEO Group (NYSE: GEO) reported Q4 EPS of $0.33, $0.07 better than the analyst estimate of $0.26. Revenue for the quarter came in at $578.1 million versus the consensus estimate of $575.97 million.
George C. Zoley, Chairman and Chief Executive Officer of GEO, said, During the fourth quarter of 2020, our operating divisions continued to face challenges associated with the global COVID-19 pandemic. We remain grateful for our frontline employees, who have continued to make daily sacrifices and have remained committed to providing high-quality services and humane and compassionate care to all those entrusted to our facilities and programs. Despite... More
