CoreCivic (CXW) Misses Q2 EPS by 2c; Offers FY22 EPS Guidance

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Go back to CoreCivic (CXW) Misses Q2 EPS by 2c; Offers FY22 EPS Guidance

CoreCivic Reports Second Quarter 2022 Financial Results

August 2, 2022 4:15 PM EDT

BRENTWOOD, Tenn., Aug. 02, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2022 and provided an update on several significant transactions, including an increase in its share buyback program.

Damon T. Hininger, CoreCivic's President and Chief Executive Officer, said, "We are pleased to have entered into an agreement during the second quarter to sell our 1,978-bed McRae Correctional Facility for a sale price of $130.0 million. This sale, which is expected to close later in the... More