CCA (CXW) Tops Q1 FFO by 5c

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Go back to CCA (CXW) Tops Q1 FFO by 5c

CCA Reports First Quarter 2015 Financial Results

May 6, 2015 4:15 PM EDT

NASHVILLE, TN -- (Marketwired) -- 05/06/15 -- CCA (Corrections Corporation of America) (NYSE: CXW), America's largest owner of partnership correctional and detention facilities, announced today its financial results for the first quarter of 2015.

First Quarter 2015 Highlights

EPS and Adjusted Diluted EPS up 11.4% to $0.49 from $0.44 Normalized FFO per diluted share up 9.7% to $0.68 from $0.62 AFFO per diluted share up 17.2% to $0.68 from $0.58

Net income generated in the first quarter of 2015 totaled $57.3 million, or $0.49 per diluted share, compared to $51.7 million, or $0.44 per diluted share, generated in... More