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The GEO Group Reports Fourth Quarter and Full Year 2024 Results

1. GEO reported Q4 2024 revenues of $607.7 million and net income of $15.5 million. 2. Financial results suggest potential growth in demand for GEO's contracted services.

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+4.93%Current Return
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-1.34%S&P 500
$25.7802/27 06:07 AM EDTEvent Start
$27.0502/28 12:34 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue and net income figures indicate a strong financial performance, suggesting future stability. Historically, consistent revenue growth has positively influenced GEO's stock performance.

How important is it?

Strong earnings results are critical indicators for investors, influencing their buying behavior, thus impacting GEO's price.

Why Short Term?

The positive financial results may lead to immediate investor confidence and stock price increases. Quick market reactions to earnings reports often result in short-term stock movements.

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BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted 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 fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Total revenues of $607.7 million Net Income of $15.5 million Net Income Attributable to GEO o.

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