Geo Group (GEO) Q2 Earnings Lag Estimates

Geo Group (GEO) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -8%. A quarter ago, it was expected that this private prison operator would post earnings of $0.19 per share when it actually produced earnings of $0.18, delivering a surprise of -5.26%. Over the last four quarters, the c ...