Cornell (CRN) Affirms Q2 Guidance, Lowers FY09 Outlook

May 20, 2009 12:02 PM EDT

Cornell Companies (NYSE: CRN) affirms its Q2 EPS guidance of $0.42-$0.46, which compares to the Street's estimate of $0.44.

The company also lowered its FY09 EPS guidance from $1.70-$1.78 to $1.62-$1.70. The Street is currently looking for FY09 EPS of $1.70.


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