Geo Group Posts Q2 FFO In Line, Misses on Revenue

Geo Group Posts Q2 FFO In Line, Misses on Revenue

Geo Group reported Monday financial results for Q2, with lower-than-expected revenue and funds from operations that matched analysts’ estimates. It also provided guidance for Q3, Q4 and fiscal 2017.The real estate investment trust and provider of evidence-based offender rehabilitation and community reentry services posted adjusted FFO of $0.61 per share, flat with the prior-year period and in line with the Capital IQ consensus estimate. Revenue was $577.1 million, up from […]

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