CoreCivic (CXW) Misses Q1 EPS by 6c; Lowers FY22 EPS Guidance

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Go back to CoreCivic (CXW) Misses Q1 EPS by 6c; Lowers FY22 EPS Guidance

CoreCivic Reports First Quarter 2022 Financial Results

May 4, 2022 4:15 PM EDT

BRENTWOOD, Tenn., May 04, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the first quarter of 2022.

Financial Highlights First Quarter 2022

Total revenue of $453.0 million CoreCivic Safety revenue of $414.2 millionCoreCivic Community revenue of $24.1 millionCoreCivic Properties revenue of $14.6 million Net Income of $19.0 millionDiluted earnings per share of $0.16Adjusted diluted EPS of $0.14Funds From Operations per diluted share of $0.34Adjusted EBITDA... More