What's Going On With Security Company GEO Group Stock Today?
What's Going On With Security Company GEO Group Stock Today?
The GEO Group, Inc. (NYSE:GEO) shares are trading higher after the company reported second-quarter FY24 revenue of $607.2 million, missing the consensus of $608.08 million.
GEO Group, Inc.（纽交所：GEO）股票价格上涨，因公司报告其2024财年第二季度的营业收入为6,072万美元，未达到预期的6,080.8万美元。
Adjusted EBITDA declined to $119.3 million from $129.0 million a year ago quarter. Adjusted EPS of $0.23 exceeded the consensus of $0.17.
调整后的EBITDA从去年同期的1.29亿美元下降至1.193亿美元。每股调整后的收益为0.23美元，超过预期的0.17美元。
George C. Zoley, Executive Chairman of GEO, said, "Our diversified business units have continued to deliver steady financial and operational performance. We are pleased to have completed the comprehensive refinancing of our debt, including the exchange and retirement of substantially all of our convertible notes, during the second quarter of 2024."
GEO的执行主席George C. Zoley表示：“我们的多元化业务部门继续提供稳定的财务和业务表现。我们很高兴在2024年第二季度完成了我们的全面债务再融资，包括纽约证交所交易所的兑换和养老交易。”
In the second quarter of 2024, U.S. Immigration and Customs Enforcement (ICE) issued a task order for the GEO-owned 1,940-bed Adelanto ICE Processing Center in California.
在2024年第二季度，美国移民与海关执法局（ICE）发布了对GEO拥有的加利福尼亚州1,940张床位的Adelanto ICE处理中心的任务订单。
Also, on June 20, the company announced its intent to terminate its management contract for the 2,388-bed Lawton Correctional and Rehabilitation Facility, which was scheduled to end on June 30.
此外，公司宣布计划终止其对2,388张床位的劳顿惩教和康复设施的管理合同，该合同原定于6月30日终止。
After accounting for cash-on-hand of $46.3 million, the company's total net debt was approximately $1.754 billion at the end of the second quarter of 2024.
扣除手头上的现金4,630万美元后，公司在2024年第二季度末的净债务总额约为1.754亿美元。
Outlook: GEO Group projects third-quarter 2024 EPS of $0.21 to $0.25 vs. an estimate of $0.27 and revenues of $606 million-$616 million vs. an estimate of $613.3 million.
展望未来：GEO集团预计2024年第三季度每股收益为0.21美元至0.25美元，而市场预估为0.27美元，收入为6,060万美元至6,160万美元，而市场预估为6,133万美元。
GEO Group anticipates fourth-quarter EPS of $0.22 – $0.29 vs. $0.30 estimate and revenue of $611 million-$621 million vs. the $618.8 million estimate.
GEO集团预计第四季度每股收益为0.22美元至0.29美元，市场预估为0.30美元，收入为6,110万美元至6,210万美元，而市场预估为6,188万美元。
The company revised outlook for FY24 revenues from $2.40 billion to $2.44 billion against the consensus of $2.446 billion. The company reduced its adjusted EPS outlook from $0.87 – $1.02 to $0.82 – $0.93 vs. street view of $0.92 and adjusted EBITDA to $485 million – $505 million from the prior view of $485 million – $515 million.
该公司将FY24收入展望从24亿美元修订为24.4亿美元，而市场预估为24.46亿美元。公司将调整后的EPS展望从0.87美元至1.02美元下调至0.82美元至0.93美元，市场预估为0.92美元，将调整后的EBITDA展望从4805.85万美元至5155.85万美元下调至4,850万美元至5,050万美元。
Price Action: GEO shares are up 2.57% at $13.16 premarket at the last check Wednesday.
股价走势：截至上周三，GEO股价在盘前交易中涨了2.57%，至13.16美元。
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