CoreCivic (CXW) Tops Q2 EPS by 2c; Lifts FY EPS Outlook

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Go back to CoreCivic (CXW) Tops Q2 EPS by 2c; Lifts FY EPS Outlook

CoreCivic Reports Second Quarter 2018 Financial Results

August 8, 2018 4:15 PM EDT

NASHVILLE, Tenn., Aug. 08, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2018.

Second Quarter 2018 Highlights

Total revenue of $449.9 millionNet income of $39.2 million, Adjusted Net Income of $42.6 millionCoreCivic Community revenue of $24.7 million, up 41% from the prior year quarterCoreCivic Properties revenue of $12.0 million, up 20% from the prior year quarterDiluted EPS of $0.33, Adjusted EPS per diluted share of $0.36Normalized FFO per diluted share of $0.57Adjusted EBITDA of $97.5 million

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