CoreCivic IncDelivered biggest revenue beat, up 27.3% year on year.
Motorola Solutions and other safety and security services stocks reported a very strong second quarter, with group revenues beating analysts' consensus estimates by 3.6%. Motorola Solutions posted revenues of $3.13 billion, up 13.3% year on year, exceeding expectations by 4.4%, and raised its full-year guidance. GEO Group reported revenues of $732.1 million, up 15.1% year on year, while CoreCivic delivered the biggest beat with revenues of $684.9 million, up 27.3% year on year. Brink's revenues of $1.39 billion were in line with estimates, and MSA Safety posted revenues of $503.3 million, up 6.2% year on year. Share prices of the group have held steady, up 2.9% on average since the latest earnings results.
CoreCivic IncDelivered biggest revenue beat, up 27.3% year on year.
Geo Group IncRevenues up 15.1% year on year, beating consensus.
Brinks CompanyRevenues in line with estimates, part of strong Q2 results for safety stocks.
Motorola Solutions IncRevenues beat expectations by 4.4% and raised full-year guidance.
MSA SafetyRevenues up 6.2% year on year, contributing to group beat.