Verdienen am Knast ??? - GEO Group

[yelw0rc]

Antwort auf Beitrag Nr.: 75.286.017 von Andrija am 15.02.24 13:38:59

könntest du mal bitte die story bzw phantasie für weiteres wachstum zusammenfassen oder ist jetzt erstmal ende angesagt? wäre nett... 🍻

[yelw0rc]

hui, das teil läuft wie geschnitten brot und hier ist nix los!?

*subscribed*

[Andrija]

GEO Group beats top-line and bottom-line estimates; initiates Q1 and FY24 outlook
Feb. 15, 2024 6:03 AM ETThe GEO Group, Inc. (GEO) StockBy: Meghavi Singh, SA News Editor3 Comments
GEO Group press release (NYSE:GEO): Q4 Non-GAAP EPS of $0.29 beats by $0.12.
Revenue of $608.3M (-2.0% Y/Y) beats by $10.83M.
We reported fourth quarter 2023 Adjusted EBITDA of $129.0 million, compared to $145.5 million for the fourth quarter 2022.
Today, we issued our initial financial guidance for 2024. For the full year 2024, we expect Net Income to be in a range of $110 million to $125 million on annual revenues of approximately $2.4 billion vs. $2.48B consensus and reflecting an effective tax rate of approximately 28 percent, exclusive of any discrete items. We expect full year 2024 Adjusted EBITDA to be between $485 million and $515 million.
For the first quarter of 2024, we expect Net Income to be in a range of $22 million to $24 million and quarterly revenues in a range of $600 million to $610 million vs. $605.34M consensus. We expect first quarter 2024 Adjusted EBITDA to be in a range of $117 million to $122 million. Compared to fourth quarter 2023, our first quarter 2024 guidance reflects the impact of having one fewer day in the quarter. Additionally, our first quarter of the year is impacted by higher costs related to payroll taxes, which are frontloaded in the beginning of each year.

[Andrija]

https://seekingalpha.com/article/4665744-geo-group-could-res…

[Andrija]

Geo Group Promotes CFO Brian Evans To Succeed Jose Gordo As CEO

WASHINGTON (dpa-AFX) - The GEO Group, Inc. (GEO) announced Thursday that Chief Executive Officer Jose Gordo will be departing as Chief Executive Officer and as a Board member on mutually agreeable terms and transitioning to the role of an advisor, effective December 31, 2023.

Under the agreed terms of his departure, Gordo will enter into a fixed, 18-month advisory services agreement upon payment terms agreed to by the parties, pursuant to which Gordo will advise the Company with respect to litigation, client relations, operational issues, growth opportunities, financial management, and debt restructuring.

Brian Evans, who has been with the Company for 23 years and has served as the Company's Chief Financial Officer for 14 years, has been appointed Chief Executive Officer, effective January 1, 2024.

Shayn March, Executive Vice President, Finance and Treasurer, has been appointed Acting Chief Financial Officer, effective January 1, 2024. The Company and its Board of Directors will work with an external search firm to identify a permanent Chief Financial Officer.

Also effective January 1, 2024, Wayne Calabrese has been appointed President and Chief Operating Officer. Calabrese joined the Company in 1989, retiring as its President and Chief Operating Officer at the end of 2010.

Following his service as a Company advisor, Calabrese rejoined the Company on a full-time basis in 2021 as head of the Legal Department. In 2022, he was appointed to his current position as Senior Vice President and Chief Operating Officer.

In addition, the Company confirmed that Dr. George Zoley, the Company's Founder and Executive Chairman, will step down as Executive Chairman on June 30, 2026, at the end of his current employment term.

Beginning on July 1, 2026, Zoley will continue his unparalleled 40-plus year industry leadership role as an Advisor to the Company while continuing to serve as the Company's non-Executive Chairman of the Board of Directors, subject to shareholder approval.

Quelle: https://www.finanznachrichten.de/nachrichten-2023-11/6080438…

[Andrija]

Tja, heute lief alles mal anders als sonst. Schön für GEO.

[Andrija]

GEO berichtet heute vorbörslich USA sein 3. Quartal.

Gestern hat CXW die Erwartungen leicht übererfüllt. Ich finde sie trotzdem, insbesondere zu GEO, deutlich teurer.

Habe meine Restposition nachden letzten guten Wochen erstmal verkauft und erwarte, erhoffe hier eher einen Rücksetzer.

GEO holt hoffentlich endlich auf und bleibt weiter auf Erholungskurs. Dummerweise geht es ja auch hier nach den Zahlen meist runter egal ob die gut oder schlecht ausfallen. Hoffen wir mal heute das Beste.

[Andrija]

Antwort auf Beitrag Nr.: 74.285.658 von Andrija am 09.08.23 10:23:20

BOCA RATON, Fla., August 09, 2023--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) ("GEO"), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the second quarter and first six months of 2023.

Second Quarter 2023 Highlights

Total revenues of $593.9 million

Net Income of $29.5 million

Net Income Attributable to GEO of $0.20 per diluted share

Adjusted Net Income of $0.24 per diluted share

Adjusted EBITDA of $129.0 million

For the second quarter 2023, we reported net income of $29.5 million, compared to net income of $53.7 million for the second quarter 2022. We reported total revenues for the second quarter 2023 of $593.9 million compared to $588.2 million for the second quarter 2022. Second quarter 2023 results reflect a year-over-year increase of $26.1 million in net interest expense as a result of the completed transactions to address the substantial majority of our outstanding debt, which closed on August 19, 2022, as well as the impact of higher interest rates. We reported second quarter 2023 Adjusted EBITDA of $129.0 million, compared to $132.3 million for the second quarter 2022.

George C. Zoley, Executive Chairman of GEO, said, "We are pleased with our performance for the second quarter 2023, which exceeded our previously issued financial guidance. Our diversified business units delivered overall strong operational and financial performance during the first half of 2023 despite some headwinds in our Electronic Monitoring and Supervision Services segment. Our management team remains focused on reducing our net debt, which is a key strategic priority for our company. We are also continuing our efforts to market our current idle facilities to federal and state government agencies."

First Six Months 2023 Highlights

Total revenues of $1.20 billion

Net Income of $57.5 million

Net Income Attributable to GEO of $0.39 per diluted share

Adjusted Net Income of $0.46 per diluted share

Adjusted EBITDA of $259.9 million

For the first six months of 2023, we reported net income of $57.5 million, compared to net income of $91.9 million for the first six months of 2022. We reported total revenues for the first six months of 2023 of $1.20 billion compared to $1.14 billion for the first six months of 2022.

Results for the first six months of 2023 reflect a year-over-year increase of $53.2 million in net interest expense as a result of the completed transactions to address the substantial majority of our outstanding debt, which closed on August 19, 2022, as well as the impact of higher interest rates. For the first six months of 2023, we reported Adjusted EBITDA of $259.9 million, compared to $257.5 million for the first six months of 2022.

2023 Financial Guidance

Today, we updated our guidance for the full-year 2023 to reflect our updated expectations regarding the timing of participant levels under the U.S. Department of Homeland Security’s Intensive Supervision and Appearance Program ("ISAP").

Our previously issued guidance for 2023 assumed that the number of ISAP participants would stabilize at the mid-point of 2023 and then moderately increase during the third quarter of 2023 and the fourth quarter of 2023.

Although the number of ISAP participants continued to decline throughout the month of July of 2023 and in early August of 2023, which was longer than we previously estimated, we continue to believe that the ISAP participant count is likely to stabilize and then begin to increase moderately.

We expect full-year GAAP Net Income to be between $95 million and $110 million, on annual revenues of approximately $2.4 billion. We expect our full-year 2023 Adjusted EBITDA to be between $490 million and $520 million. We expect our effective tax rate for the full-year 2023 to be approximately 29 percent, exclusive of any discrete items.

For the third quarter of 2023, we expect Net Income to be between $19 million and $26 million on quarterly revenues of $588 million to $603 million. We expect third quarter 2023 Adjusted EBITDA to be in a range of $115 million to $130 million.

For the fourth quarter of 2023, we expect Net Income to be between $19 million and $27 million on quarterly revenues of $595 million to $610 million. We expect fourth quarter 2023 Adjusted EBITDA to be in a range of $115 million to $130 million.

Our guidance assumes steady performance from our other segments and does not include the potential reactivation of any of our remaining idle Secure Services facilities, which total approximately 9,000 beds.

[freddy1989]

Antwort auf Beitrag Nr.: 74.083.939 von SteffensOnline am 30.06.23 01:25:49

Ja ich hatte auch einen Haufen stornierungen und Neuberechnungen der Dividende

[Andrija]

Heute vorbörslich Ergebnisse!

BOCA RATON, Fla., July 19, 2023--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2023 financial results on Wednesday, August 9, 2023 before the market opens.