NYSE$GEO
GEO Group Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter results and increased financial guidance for the full year.
The GEO Group reported a strong second quarter with total revenues of $565.4 million and net income attributable to GEO of $42.0 million. The company's better-than-expected performance was driven by favorable cost trends, higher occupancies, and increased revenue from the electronic monitoring segment. They have also increased their financial guidance for the full year.
- Total revenues reached $565.4 million.
- Net Income Attributable to GEO was $42.0 million.
- Adjusted Net Income amounted to $50.8 million.
- Normalized FFO was $0.58 per diluted share.
Headline financials
Revenue & EPS history
GEO · Revenue · Quarterly
$565M
Forward guidance
The company has increased its financial guidance for the full year 2021.
Headwinds
- Contracts with the Federal Bureau of Prisons at the Big Spring Correctional Facility and Flightline Correctional Facility in Texas will not be renewed when the current contract option periods expire on November 30, 2021.
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 2021
+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% | — | — |
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