CoreCivic (CXW) Tops Q3 EPS by 3c

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CoreCivic Reports Third Quarter 2017 Financial Results

November 8, 2017 4:15 PM EST

NASHVILLE, Tenn., Nov. 08, 2017 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2017.

Third Quarter 2017 Highlights

Diluted EPS of $0.35Adjusted Diluted EPS of $0.36Normalized FFO per diluted share of $0.56Net Income of $41.2 millionAdjusted Net Income of $42.6 millionAdjusted EBITDA of $93.1 million

"The second half of the year has already included a number of positive developments for CoreCivic.  In addition to entering into or commencing five new contracts with... More