The GEO Group, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects net income to be in a range of $22 million to $24 million and quarterly revenues to be in a range of $600 million to $610 million.

For the full year, the company expects net income to be in a range of $110 million to $125 million on annual revenues of approximately $2.4 billion and reflecting an effective tax rate of approximately 28%, exclusive of any discrete items.