CoreCivic Reports First Quarter 2020 Financial Results

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CoreCivic (CXW) Reports Q1 FFO of $0.54

May 6, 2020 4:54 PM EDT

CoreCivic (NYSE: CXW) reported Q1 FFO of $0.54, versus $0.64 reported last year. Revenue for the quarter came in at $491.1 million versus the consensus estimate of $490.29 million.

Financial Guidance

On April 1, 2020, we withdrew our financial guidance because of uncertainties associated with COVID-19, and do... More