GEO Group Q1 2024 Adj EPS $0.18 Misses $0.19 Estimate, Sales $605.672M Beat $603.851M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEO Group reported Q1 2024 adjusted EPS of $0.18, missing the $0.19 estimate, and sales of $605.672M, slightly above the $603.851M estimate. This represents an 18.18% decrease in EPS and a 0.42% decrease in sales from the same period last year.

May 07, 2024 | 10:01 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
GEO Group's Q1 2024 earnings missed EPS estimates but beat sales forecasts, with both EPS and sales seeing a decrease from the previous year.
Missing the EPS estimate while slightly beating sales forecasts indicates mixed financial health. The year-over-year decrease in both EPS and sales suggests a negative trend that could impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100