Corrections Corporation of America (CXW) Tops Q3 EPS by 1c

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Go back to Corrections Corporation of America (CXW) Tops Q3 EPS by 1c

CCA Reports Third Quarter 2015 Financial Results

November 4, 2015 4:16 PM EST

NASHVILLE, Tenn., Nov. 04, 2015 (GLOBE NEWSWIRE) -- CCA (Corrections Corporation of America) (NYSE: CXW), America's largest owner of partnership correctional and detention facilities, announced today its financial results for the third quarter of 2015.

Third Quarter 2015 Highlights

Revenue of $460.0 million increased 12.6% from the prior year quarterDiluted EPS of $0.43 and Adjusted Diluted EPS of $0.45Normalized FFO per diluted share of $0.64AFFO per diluted share of $0.63

Net income generated in the third quarter of 2015 totaled $50.7 million, or $0.43 per diluted... More