The GEO Group, Inc. (GEO) - A 10-Q Review
The GEO Group, Inc. (GEO)
A 10-Q Review
With over 94,000 beds owned, leased or managed across its business lines and serving over 260,000 people daily, GEO is a leading provider of mission critical real estate to its governmental partners. The Company is the first fully integrated equity REIT specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the U.S., Australia, South Africa, and the U.K.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
10-Q Overview. We were able to perform a deep dive into The GEO Group's 10-Q over the weekend. And while nothing in the 10-Q changes our assessment of GEO and its business prospects, the 10-Q does provide some enhanced details we want to share.
ICE — 1. While the following are from news reports and we have not confirmed, it is being reported July border encounters topped 210,000, up from 188,000 in June. If accurate, this would be the highest monthly total in over 20 years. Significantly, summer months tend to see a drop off in encounters as weather conditions worsen. Since this is not the case suggests numbers for August and September ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.