CoreCivic (CXW) Tops Q4 FFO by 1c, Offers Guidance

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Go back to CoreCivic (CXW) Tops Q4 FFO by 1c, Offers Guidance

CoreCivic Reports Fourth Quarter and Full Year 2018 Financial Results

February 19, 2019 4:15 PM EST

NASHVILLE, Tenn., Feb. 19, 2019 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced its financial results for the fourth quarter and full year 2018.

Fourth Quarter 2018 Highlights

Total revenue of $482.2 million, up 9.4% from the prior year quarter CoreCivic Safety (portfolio of correctional and detention facilities) revenue of $436.0 million, up 6.4% from the prior year quarterCoreCivic Community (portfolio of residential reentry centers) revenue of $27.2 million, up 33% from the prior year quarterCoreCivic Properties (portfolio of government-leased properties) revenue of... More