The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict GEO Group's revenues will grow 2.1% and EPS will expand 5.1%.
The average estimate for revenue is $415.2 million. On the bottom line, the average EPS estimate is $0.41.
Last quarter, GEO Group booked revenue of $411.5 million. GAAP reported sales were 4.0% higher than the prior-year quarter's $395.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.42. GAAP EPS of $0.25 for Q3 were 26% lower than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.7%, 90 basis points better than the prior-year quarter. Operating margin was 13.7%, 90 basis points better than the prior-year quarter. Net margin was 3.8%, 160 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.65 billion. The average EPS estimate is $1.55.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on GEO Group is outperform, with an average price target of $29.79.
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