CCA Reports Second Quarter 2016 Financial Results

Go back to CCA Reports Second Quarter 2016 Financial Results

Corrections Corporation of America (CXW) Tops Q2 FFO by 4c, Offers FY Guidance

August 3, 2016 4:53 PM EDT

Corrections Corporation of America (NYSE: CXW) reported Q2 FFO of $0.69, $0.04 better than the analyst estimate of $0.65. Revenue for the quarter came in at $463.3 million versus the consensus estimate of $462.68 million.

GUIDANCE:

Corrections Corporation of America sees FY2016 FFO of $2.64-$2.68,... More