The Latest Breaking News from GEO Group

Jose Ruben Hernandez Gomez hopes a new grievance database recently launched by the ACLU Foundation of Northern California for the state’s six immigration detention centers — including three in the Central Valley — will help provide “more of a concrete proof ... of how unsafe these detention centers are.”

WASHINGTON, D.C. — California's landmark ban on private prisons and immigrant detention facilities saw its fate sealed when a federal court officially repealed the 2020 law.

Former hedge fund manager and “Big Short” fame investor Michael Burry made headlines earlier this year when he sold all of his positions except one. Burry added five new positions in the third quarter and increased the position in the lone carryover from the second quarter.

Texas Rep. Henry Cuellar is poised to become top Democrat on Homeland Security appropriations next year, to the chagrin of progressives.

LOS ANGELES — A California law banning private prisons and immigrant detention facilities in the state violates the U.S. Constitution when applied to facilities operated on behalf of U.S. Immigration and Customs Enforcement, a federal appellate court ruled Monday.

 

The GEO Group (NYSE:GEO) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that The GEO Group will report an earnings per share (EPS) of $0.22.

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

GEO Group Inc (NYSE:GEO) reported a fourth-quarter revenue decline of 3.6% year-over-year to $557.54 million, missing the consensus of $558.09 million. The operating income increased by 73.9% Y/Y to $76.02 million, and the margin expanded by 608 bps to 13.6%. Adjusted EPS improved to $0.38 from $0.33 a year ago. AFFO per share…