Alert: New Earnings Report (11/7/23)-The GEO Group Inc (NYSE: GEO).

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The GEO Group Inc (NYSE: GEO) has reported E.P.S. of $0.17 for its third fiscal quarter (ending September 30) versus $0.26 for the same period a year ago — a decline of -35%. This result fell short of the consensus estimate of $0.19 by $-0.02. E.P.S. were $0.85 for the latest four quarters through September 30 versus $0.48 for the same period a year ago — an increase of 77%.

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Recent Price Action

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The GEO Group Inc (NYSE: GEO) stock closed at $9.44 on 11/7/23 after a very large increase of 5.5%. The stock has risen 7.9% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

GEO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

GEO Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. GEO Group has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 38, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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