Benzinga | Oct 29, 2020 07:16AM EDT

The GEO Group Q3 EPS $0.33 Beats $0.29 Estimate, Adj. FFO $0.67, Sales $579.14M Miss $580.53M Estimate; Raises Guidance

The GEO Group (NYSE:GEO) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.29 by 13.79 percent. The company reported quarterly sales of $579.14 million which missed the analyst consensus estimate of $580.53 million by 0.24 percent. This is a 8.30 percent decrease over sales of $631.58 million the same period last year.