GEO Group Raises 2026 Guidance Following Third Quarter Earnings Beat
GEO Group reported third-quarter non-GAAP earnings per share of $0.39, exceeding analyst expectations by $0.05. While revenue grew 11.5% year-over-year to $761.1 million, the figure fell short of consensus estimates by approximately $11.63 million. Following the quarterly performance, the company raised its full-year 2026 adjusted net income guidance to a range of $185 million to $190 million, representing $1.40 to $1.44 per diluted share. This upward revision significantly exceeds the previous consensus estimate of $1.31.
Tickers: $GEO
Topics: earnings beat financial results guidance raise revenue miss