Corrections Corp. (CXW) Tops Q3 FFO by 3c, Offers FY16 & FY17 Guidance

Corrections Corp. (NYSE: CXW) reported Q3 FFO of $0.69, $0.03 better than the analyst estimate of $0.66. Revenue for the quarter came in at $474.9 million versus the consensus estimate of $470.39 million.

GUIDANCE:

Corrections Corp. sees FY2016 FFO of $2.59-$2.60, versus the consensus of $2.59.

Corrections Corp. sees FY2017 FFO of $2.16-$2.27, versus the consensus of $1.97.

For earnings history and earnings-related data on Corrections Corp. (CXW) click here.

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