CoreCivic (CXW) Tops Q1 EPS by 5c; Raises Outlook

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CoreCivic Reports First Quarter 2019 Financial Results

May 8, 2019 4:15 PM EDT

Diluted EPS of $0.41 and FFO per Share of $0.64 Exceed Guidance

Increases Full Year 2019 Financial Guidance

NASHVILLE, Tenn., May 08, 2019 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the first quarter of 2019.

First Quarter 2019 Highlights

Total revenue of $484.1 million, up 10% from the prior year quarter CoreCivic Safety (portfolio of correctional and detention facilities) revenue of $434.3 million, up 7% from the prior year quarterCoreCivic Community (portfolio of residential... More