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GEO : Reports First Quarter 2021 Results and Updates Full Year 2021 Guidance


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The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, post-release support, and community-based programs, reported today its financial results for the first quarter 2021 and updated its financial guidance for the full-year 2021.
First Quarter 2021 Highlights
Net Income Attributable to GEO of $50.5 million or $0.41 per diluted share
1Q21 results reflect $13.3 million pre-tax gain on real estate assets and $3.0 million pre-tax gain on the extinguishment of debt
Adjusted Net Income of $0.28 per diluted share
Net Operating Income of $152.3 million
Normalized FFO of $0.44 per diluted share ....

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The GEO Group Reports Fourth Quarter and Full-Year 2020 Results and Issues 2021 Guidance


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The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, post-release support, and community-based programs, reported today its financial results for the fourth quarter and full-year 2020 and issued financial guidance for 2021.
Fourth Quarter 2020 Highlights
Net Income Attributable to GEO of $11.9 million or $0.09 per diluted share
4Q20 results reflect $21.1 million Goodwill impairment charge related to GEO’s reentry centers primarily due to COVID-19
Adjusted Net Income of $0.33 per diluted share
Net Operating Income of $151.1 million
Normalized FFO of $0.48 per diluted share
AFFO of $0.62 per diluted share ....

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Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2020 Results


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Global digital sales reach $6 billion in 2020, more than doubling in home markets
Continued strength in off-premise channels across all brands with global delivery sales also doubling in 2020
Accelerated transformation of drive-thru experience, 3,600 digital menu boards installed in home markets in 2020
RBI declares 9th consecutive dividend increase and ends 2020 with $2.6 billion of available liquidity
TORONTO, Feb. 11, 2021 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the full year and fourth quarter ended December 31, 2020.
Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. ( RBI ) commented,  We are confident that our efforts in food and beverage quality, restaurant experience, digital leadership and brand building will be beneficial to returning our business to the growth we know we are capable of in all three brands. While we ende ....

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