GEO stock slides after 2024 guidance lowered, Q3 earnings miss

seekingalpha
2024-11-07

Oleksandr Filon/iStock via Getty Images

GEO Group (NYSE:GEO) shares retreated 5.2% in Thursday premarket trading after trimming its full-year 2024 guidance for earnings, revenue and adjusted EBITDA, in addition to delivering worse-than-expected top and bottom lines for Q3.

The owner of secure facilities, processing centers and

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