CCA (CXW) Tops Q2 AFFO by 5c

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CCA Reports Second Quarter 2015 Financial Results

August 5, 2015 4:06 PM EDT

NASHVILLE, TN -- (Marketwired) -- 08/05/15 -- CCA (Corrections Corporation of America) (NYSE: CXW), America's largest owner of partnership correctional and detention facilities, announced today its financial results for the second quarter of 2015.

Second Quarter 2015 Highlights

Revenue of $459.3 million increased 11.8% from the prior year quarter Diluted EPS up 14.6% to $0.55 from $0.48 Adjusted Diluted EPS up 12.2% to $0.55 from $0.49 FFO per diluted share up 8.8% to $0.74 from $0.68 AFFO per diluted share up 7.4% to $0.73 from $0.68

Net income generated in the second quarter of 2015 totaled $65.3 million,... More