Exhibit 99.1 THE GEO GROUP REPORTS FIRST QUARTER 2024 RESULTS Boca Raton, Fla. – May 7, 2024 — 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 first quarter 2024. First Quarter 2024 Highlights For the first quarter 2024, we reported net income of $22.7 million, comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to_______ Commission file number: 1-14260 The GEO Group, Inc. (Exact name of registrant as specified in its charter) Florida 65-0043078 (State or other jurisdicti ...

Investors looking for stocks in the Business - Services sector might want to consider either Geo Group (GEO) or Rentokil Initial PLC (RTO) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Sc ...

The GEO Group, Inc. (NYSE:GEO) Q1 2024 Earnings Conference Call May 7, 2024 11:00 AM ET Company Participants Pablo Paez - EVP, Corporate Relations George Zoley - Executive Chairman Brian Evans - CEO Wayne Calabrese - President and COO Shayn March - Acting-CFO James Black - President, GEO Secure Services Conference Call Participants Joe Gomes - NOBLE Capital Brian Violino - Wedbush Securities Brendan McCarthy - Sidoti Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital Operator Good day, and wel ...

Geo Group (GEO) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.26%. A quarter ago, it was expected that this private prison operator would post earnings of $0.18 per share when it actually produced earnings of $0.29, delivering a surprise of 61.11%.Over the last four quarters, the ...

Geo Group (GEO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this private prison operator have returned +6.8% over the past month versus the Zacks S&P 500 composite's -4.1% change. The Zacks Business - Services industry, to which Geo Group belongs, has lost 7.8% over this period. Now the key question is: Where could the stock be headed in the near term ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Geo Group (GEO) .Geo Group currently has an average brokerage recommendation (ABR) of 1.00, on ...

The 2024 U.S. presidential election season is heating up, and the primary season is wrapping up. Yet, no matter whether you are a Democrat, Republican, Independent or none of the above, election-year stocks could be a great opportunity for your portfolio.Even before ballots are cast on Nov. 5, 2024, many stocks with election-related catalysts will likely make big moves in anticipation of the results. As you would expect, some stocks stand to gain if it appears likely that presumptive Republican party candid ...

The market is under pressure. The “soft landing” and “no landing” narratives are being tested. Important technical support levels like the 50-day moving average are failing left-and-right. It’s beginning to feel a lot like the bull run we’ve enjoyed since October is nearing an end.You can do one of two things in a market like this. You can cower under your desk and ignore your statements, or you can get together a neat little shopping list and keep investing. The latter is really how the money is made in ma ...

Geo Group (GEO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this private prison operator reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...