Subscribers to Chart of the Week received this commentary on Sunday, September 15. There will only be two presidential debates this election cycle now that former President Donald Trump declined to debate Vice President and Democratic nominee Kamala Harris a second time. The first debate yielded a clear winner in Trump, while the second one was decidedly positive for Harris, given her surge in the polls in the following days. Because each candidate received a notable bump in the polls after their respective ...

CoreCivic, Inc. (NYSE:CXW) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mike Grant – Managing Director of Investor Relations Damon Hininger – President and Chief Executive Officer David Garfinkle – Chief Financial Officer Conference Call Participants Joe Gomes – Noble Capital Jason Weaver – JonesTrading Brian Violino – Wedbush Ben Briggs – StoneX Financial Edwin Groshans – Compass Point M. Marin – Zacks Operator Good day and thank you for standing by. Welcome to the 2024 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of incorpora ...

Higher Occupancy and Cost Management Initiatives Drive Positive Quarterly Financial Performance BRENTWOOD, Tenn., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its second quarter 2024 financial results. Financial Highlights – Second Quarter 2024 Total revenue of $490.1 million CoreCivic Safety revenue of $455.4 million CoreCivic Community revenue of $30.3 million CoreCivic Properties revenue of $4.4 million Net income of $19.0 million; Adjusted Net ...

Exhibit 99.1 News Release Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 CORECIVIC REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS HIGHER OCCUPANCY AND COST MANAGEMENT INITIATIVES DRIVE POSITIVE QUARTERLY FINANCIAL PERFORMANCE BRENTWOOD, Tenn. – August 7, 2024 – CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its second quarter 2024 financial results. Financial Highligh ...

Death cross stocks – on the surface, the title sounds incredibly menacing. However, it may be one of the more misunderstood concepts. By the end of this short introduction, you'll view this indicator in a more nuanced manner. Simply put, the death cross signal flashes when a shorter-term moving average (typically the 50-day moving average) slips below the longer-term average (usually the 200 DMA). What it indicates is that more recent price action has been volatile compared to the longer-running dynamic. So ...

BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, August 7, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 8, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIdd7601382fc644b791a9 ...

BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, August 7, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 8, 2024. Participants may access the audio-only webcast of the conference call from the Company's website at www.corecivic.com under the "Events & Presen ...

CoreCivic says that this termination introduces uncertainties surrounding its financial guidance. As such, the company is suspending its outlook for 2024. It does note that it expects this to have a negative earnings per share impact of 38 cents to 41 cents for the year. CoreCivic says that it has also notified the lessor of the facility about this change. This allows it to leave the lease after 60 days. That matches with the timing of the government contract ending. How This Affects CXW Stock Today With th ...

For the year ended December 31, 2023, and for the quarter ended March 31, 2024, total revenues at the Facility were $156.6 million and $39.3 million, respectively. Given that the notice of termination was received today and based on cost uncertainties associated with the closure, CoreCivic is suspending its financial guidance for 2024. However, we estimate the annualized financial impact to be a reduction to earnings per share of approximately $0.38 to $0.41. CoreCivic leases the Facility and the site upon ...