GEO Group (GEO) Tops Q1 EPS by 3c

GEO Group (NYSE: GEO) reported Q1 EPS of $0.37, $0.03 better than the analyst estimate of $0.34.

• 1Q17 Net Income Attributable to GEO of $0.35 per Diluted Share
• 1Q17 Adjusted Net Income of $0.37 per Diluted Share
• 1Q17 Normalized FFO of $0.51 per Diluted Share; 1Q17 AFFO of $0.65 per Diluted Share
• Updated Split-Adjusted FY17 Guidance for GAAP Net Income Attributable to GEO of $1.27-$1.34 per Diluted Share and Adjusted Net Income of $1.34-$1.41 per Diluted Share
• Confirmed Split-Adjusted FY17 Guidance for Normalized FFO of $1.93-$2.00 per Diluted Share and AFFO of $2.47-$2.53 per Diluted Share

GUIDANCE:

GEO Group sees FY2017 EPS of $1.34-$1.41, versus the consensus of $1.38.

For earnings history and earnings-related data on GEO Group (GEO) click here.

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