CoreCivic (CXW) Tops Q2 EPS by 15c

CoreCivic (NYSE: CXW) reported Q2 EPS of $0.33, $0.15 better than the analyst estimate of $0.18. Revenue for the quarter came in at $472.6 million versus the consensus estimate of $474 million.

Financial Guidance

On April 1, 2020, we withdrew our financial guidance because of uncertainties associated with COVID-19, and do not expect to provide financial guidance until we have further clarity around the uncertainties which continue to exist. Our business is very durable, and continues to generate cash flow even during these unprecedented disruptions to the economy and criminal justice system. This resiliency is due to the essential nature of our facilities and services in our Safety and Community segments, further enhanced by the diversification and stability of our Properties segment, all supported by payments from highly rated federal, state, and local government agencie

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

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