Geo Group (GEO) Beats Q2 Earnings and Revenue Estimates

Geo Group (GEO) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +37.50%. 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 $0.14, delivering a surprise of -22.22%. There are no easy answers t ...