CoreCivic Reports First Quarter 2024 Financial Results
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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US:NYSE Investor Relations:
ir.corecivic.com/investor-relations
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Source: GlobeNewswire
Higher Occupancy Propels Strong Quarterly Financial PerformanceCapital Strategy Highlights Include Significant Share Buyback and Debt Refinancing in Quarter BRENTWOOD, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the first quarter of 2024. Damon T. Hininger, CoreCivic’s President and Chief Executive Officer, commented, “CoreCivic experienced a strong first quarter of 2024. Propelled by 75.2% occupancy – our highest level since the first quarter of 2020 – CoreCivic generated sturdy margins and year-over-year growth in our key metrics. Revenue increased 9% versus the first quarter of 2023, with Federal, State, and Local revenues all increasing, and our cost-management initiatives also contributed to our favorable results.” Commenting on capital market activities for the quarter, Hininger added, “In addition to the strong quarterly financial results, we are equally pleased with the continued progress we ha
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News
- CoreCivic, Inc. (NYSE:CXW) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CXW: 1Q24 Beat Highlights Operating Leverage, Improving Occupancies [Yahoo! Finance]Yahoo! Finance
- CoreCivic First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- CoreCivic, Inc. (NYSE: CXW) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $19.00 price target on the stock.MarketBeat
- CoreCivic, Inc. (NYSE: CXW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
CXW
Earnings
- 5/8/24 - Miss
CXW
Sec Filings
- 5/20/24 - Form 8-K
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- CXW's page on the SEC website