Geo Group (GEO): Q4 Results Match Expectations, Revenue Surpasses Forecast

Geo Group Inc. (GEO) reported fourth-quarter profit of $31.8 million, or 23 cents per share, reflecting 25 cents adjusted. Revenue for the quarter totaled $707.7 million, exceeding the $664.2 million average estimate. Year-over-year results: net profit of $254.4 million, or $1.82 per share, on revenue of $2.63 billion. For Q1 ending March 31, the company expects revenue of $680M–$690M and full-year earnings of 99 cents–$1.07 per share, with revenue guidance of $2.9B–$3.1B.