NYSE$GEO

GEO Group Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

GEO Q1 2024 — $605.7M revenue, 31.00 EPS

Results of operations for the three months ended March 31, 2024 are not necessarily indicative of the results for the entire year ending December 31, 2024, or for any other future interim or annual pe. GEO Group Inc reported Q1 2024 results. Diluted EPS came in at $31.00. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $605.7M.
  • Diluted EPS: $31.00.
  • Operating income: $72K.

Headline financials

Total Revenue

$606M

Previous: $608M-0.4%
EPS

$0.14

Previous: $0.19-26.3%
Capital Expenditures

-$14.8M

Previous: -$13.8M-7.3%
Free Cash Flow

$7.9M

Previous: $14.2M-44.5%
Net Income

$22.7M

Previous: $28M-19.1%
Operating Income

$79.6M

Previous: $92.7M-14.1%
Gross Profit

$164M

Previous: $175M-6.1%
Cash & Equivalents

$126M

Previous: $111M+14.0%
Total Assets

$3.68B

Previous: $3.7B-0.5%

Revenue & EPS history

GEO · Revenue · Quarterly

$606M

Q1 2024-0.4%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.4%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.9%

Avg return

30 days after

60%

39 / 65 earnings

Positive

+21.2%

Q3 2016

Best reaction

-14.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+20.5%+16.7%+37.7%
Q4 2025-14.9%-7.9%-8.1%
Q3 2025-8.3%-11.7%+1.8%
Q1 2025-9.9%-13.9%-11.3%
Q4 2024+6.1%+0.5%+13.7%
Q3 2024+0.9%+5.5%+25.2%
Q2 2024-2.9%-1.1%+2.3%
Q1 2024+1.0%+7.2%+5.2%
Q4 2023-0.6%-1.5%+7.1%
Q3 2023+5.1%+2.4%+7.0%
Q2 2023+1.9%+1.0%-3.0%
Q1 2023-6.2%-3.0%-1.2%
Q4 2022-4.7%-1.0%-14.6%
Q3 2022-10.9%-9.7%+21.7%
Q2 2022+8.4%+4.7%+29.8%
Q1 2022+10.6%+9.6%+5.7%
Q4 2021-4.2%-4.8%-4.0%
Q3 2021+4.7%+2.4%-17.2%
Q2 2021+10.9%+11.6%+15.1%
Q1 2021+7.3%+8.0%+53.3%
Q4 2020-2.9%-17.4%-9.8%
Q3 2020+9.2%+20.3%+19.7%
Q2 2020-6.7%-3.1%-3.7%
Q1 2020-11.7%-13.1%-10.1%
Q4 2019+1.0%+5.6%-27.0%
Q3 2019+0.9%-2.1%-10.3%
Q2 2019-0.3%+1.2%-2.1%
Q1 2019-2.5%-0.3%+5.3%
Q4 2018-1.4%-3.2%-21.8%
Q3 2018-0.2%+1.5%+4.7%
Q2 2018+1.9%+0.4%+1.2%
Q1 2018+3.9%+9.3%+10.5%
Q4 2017-2.8%+0.0%-7.1%
Q3 2017+2.1%+5.8%+0.7%
Q2 2017-3.7%-4.3%-2.6%
Q1 2017+0.9%-0.1%-2.4%
Q4 2016-2.7%-3.7%-5.5%
Q3 2016+21.2%+28.0%+42.3%
Q2 2016+2.3%+1.4%-34.4%
Q1 2016+1.6%
Q4 2015+2.2%
Q3 2015-9.3%
Q2 2015+0.8%
Q1 2015+1.3%
Q4 2014+1.6%
Q3 2014-3.0%
Q2 2014+1.9%
Q1 2014+0.7%
Q4 2013+1.9%
Q3 2013+0.6%
Q2 2013+1.5%
Q1 2013-0.7%
Q4 2012+0.4%
Q3 2012+0.9%
Q2 2012+2.8%
Q1 2012+0.4%
Q4 2011+0.0%
Q3 2011-2.6%
Q2 2011+1.5%
Q1 2011+1.3%
Q4 2010+1.1%
Q3 2010-2.0%
Q2 2010-2.2%
Q1 2010+0.2%
Q4 2009+1.9%

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