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InvestorNewsBreaks – GEO Group Inc. (NYSE: GEO) Featured in Research Note from Sidoti
December 3, 2021

InvestorNewsBreaks – GEO Group Inc. (NYSE: GEO) Featured in Research Note from Sidoti

Estimates Lowered; Corporate Update

GEO Group Inc. (NYSE: GEO) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “We View Change In Corporate Structure As A Long-Term Positive; Lower EPS Estimates To Reflect The Resulting Higher Tax Rate; Maintain Moderately Risky Rating, $15 Price Target.”

Click here to access the full report.

About GEO Group Inc.

The Geo Group is a real estate investment trust that specializes in the ownership, lease, and management of correctional, detention, and re-entry facilities. U.S. Corrections and Detention (67% of 2020 revenue) encompasses United States based public-private partnership corrections and detention business. GEO Care (23%) consists of community-based services, youth services, and electronic monitoring and supervision services. International Services (9%) includes detention operations in South Africa, Australia, and the United Kingdom. Facility Construction and Design (1%) contracts with states, local, federal agencies, and international agencies for the design and construction of facilities. Please visit www.geogroup.com.

About Sidoti & Company, LLC

For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.

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