CoreCivic (CXW) Misses Q3 FFO by 1c
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CoreCivic Reports Third Quarter 2018 Financial Results
November 5, 2018 4:15 PM ESTRevises 2018 Guidance to Position for Growth Prospects
NASHVILLE, Tenn., Nov. 05, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:Â CXW) (the Company) announced today its financial results for the third quarter of 2018.
Third Quarter 2018 Highlights
Total revenue of $462.7 million, up 4.5%Â from the prior year quarterNet income of $41.0 million, Adjusted Net Income of $43.0 millionStrong performance by both diversifying segments:-Â CoreCivic Properties revenue of $15.3 million, up 50% from the prior year quarter-Â CoreCivic Community revenue of $25.1 million, up 31% from the prior year quarterDiluted EPS of $0.34,... More