NYSE$GEO
GEO Group Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
The GEO Group reported its second quarter 2020 financial results and issued updated financial and dividend guidance.
The GEO Group reported second quarter 2020 net income attributable to GEO of $36.7 million, or $0.31 per diluted share. Total revenues for the second quarter 2020 were $587.8 million. The company faces challenges associated with the COVID-19 pandemic, which has had a negative operational and financial impact across several segments.
- 2Q20 Net Income Attributable to GEO of $0.31 per diluted share
- 2Q20 AFFO of $0.66 per diluted share
- Updated FY20 guidance for Net Income Attributable to GEO of $0.95-$0.99 per diluted share and Adjusted Net Income of $1.07 to $1.11 per diluted share
- Expects to reduce quarterly dividend to $0.34 per share, $1.36 per share annualized
Headline financials
Revenue & EPS history
GEO · Revenue · Quarterly
$588M
Forward guidance
The company expects full-year 2020 revenues to be approximately $2.34 billion. For the third quarter of 2020, the company expects Net Income Attributable to GEO to be in a range of $0.25 to $0.27 per diluted share; Adjusted Net Income to be in a range of $0.28 to $0.30 per diluted share; and AFFO to be in a range of $0.58 to $0.60 per diluted share. For the fourth quarter of 2020, the company expects Net Income Attributable to GEO to be in a range of $0.18 to $0.20 per diluted share; Adjusted Net Income to be in a range of $0.19 to $0.21 per diluted share; and AFFO to be in a range of $0.50 to $0.52 per diluted share.
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 Q2 2020
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro