CCA (NYSE: CXW) reported Q1 EPS of $0.68, $0.05 better than the analyst estimate of $0.63. Revenue for the quarter came in at $426 million versus the consensus estimate of $425.4 million.

"We are pleased with our exceptional performance in the first quarter of 2015, which exceeded the high-end of our guidance for nearly all financial metrics," said Damon Hininger, CCA's chief executive officer. "CCA's ability to differentiate our capabilities by delivering innovative solutions to government partners continues to drive our growth in the marketplace, as evidenced by the ongoing development of our South Texas Family Residential Center and the expansion of our contract with the state of Arizona at the Red Rock Correctional Center. We are actively pursuing a multitude of opportunities which, when coupled with our two additional facilities under development, should allow for the delivery of continued shareholder value."

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