CoreCivic Reports Fourth Quarter and Full Year 2019 Financial Results

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CoreCivic (CXW) Reports Q4 EPS of $0.36, Revenues Beat; Offers Q1 & FY20 EPS Outlook

February 12, 2020 4:31 PM EST

CoreCivic (NYSE: CXW) reported Q4 EPS of $0.36, versus $0.40 reported last year. Revenue for the quarter came in at $497.81 million versus the consensus estimate of $490.29 million.

Highlights of Full Year 2019

Total revenue of $1.98 billion, an increase of 8%CoreCivic Safety revenue of $1.78 billion, an increase of 6%CoreCivic Community revenue of $123.3 million, an increase of 21%CoreCivic Properties revenue of $77.3 million, an increase of 34%Net income of $188.9 million, an increase of 19%Adjusted net income of $204.8 million, an increase of 19%Diluted EPS of $1.59, an increase of... More